Dormant Whale Reopens With 20x Leverage, Builds $11.5M Long Position in GOLD and SILVER

Gate News message, April 16 — A whale address that had been inactive for over 2.5 months recently became active, opening a 20x leveraged long position in precious metals tokens, according to on-chain analyst Onchain Lens.

The whale accumulated 1,663 GOLD tokens and 43,870 SILVER tokens, with the combined position valued at approximately $11.5 million.

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