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Home News Gold Price Retracement Leads to Longs’ Unrealized Gains Reduction, Major Whale Entity Temporarily Closed Long Position Worth 10.3 Million.

Gold Price Retracement Leads to Longs' Unrealized Gains Reduction, Major Whale Entity Temporarily Closed Long Position Worth 10.3 Million.

Gold Price Retracement Leads to Longs’ Unrealized Gains Reduction, Major Whale Entity Temporarily Closed Long Position Worth 10.3 Million.

BlockBeats News, April 2nd, according to Hyperinsight monitoring, in the past 1 hour, a whale starting with 0x06a has been continuously taking profits on a GOLD long position. As of 10 minutes before the article was written, the whale has fully closed its position, with a closing average price of approximately $4,587. The previous position size was $10.3 million.

Impacted by the intraday drop in the price of gold, the unrealized profit of this position gradually narrowed from a high point of $870,000 to finally taking home $418,000, shrinking by more than half compared to the peak unrealized profit.

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