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"Whale Replenishes Long Position in Precious Metals" with 5x Leverage on Silver, On-chain Precious Metals Holdings Exceed $5.6 Million

By: theblockbeats.news|2026/01/20 14:00:27
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BlockBeats News, January 20th, according to Coinbob Popular Address Tracker, the "Heavy Position in Precious Metals" whale (0x271) recently once again established a 5x leveraged SILVER (Silver Mapping Contract) long position with a holding size of 10,000 coins, equivalent to approximately $940,000, with an entry price of $91.3. Currently, this position has an unrealized profit of around $26,000 (12%).

Previously, due to a short-term pullback in the silver price, this address closed out its original 20,000 SILVER long position (worth approximately $1.88 million, entry price $79.6) 15 days ago, realizing a profit of around $194,000. The address currently still holds a concentrated long position in precious metals, with a total value of gold and silver contract holdings of about $5.64 million. Its main holding information is as follows:

PAXG (On-chain Gold) long position: approximately $3.05 million, entry price $4,429, unrealized profit of around $170,000 (58%);

GOLD (Gold Mapping Contract) long position: approximately $1.64 million, entry price $4,509, unrealized profit of around $64,000 (30%);

SILVER (Silver Mapping Contract) long position: approximately $940,000, entry price $79, unrealized profit of around $27,000 (13%);

TSLA (Tesla Mapping Contract): approximately $560,000, entry price $465, unrealized loss of around $45,000 (-31%).

This account prefers to heavily invest in gold and silver, with the current overall leverage at about 5.2x, a margin utilization of around 80%, current account funds around $1.435 million, an investment return rate of 68.15%, and a monthly profit of $380,000.

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