The largest on-chain short seller of gold and silver, identified as 0xacb6, has reportedly profited $8.45 million as prices for these metals fell. According to Lookonchain monitoring, the trader holds 7,345 xyz:GOLD tokens valued at $30.7 million and 176,033 xyz:SILVER tokens worth $10.87 million. This development highlights the impact of market fluctuations on blockchain-based commodities trading.