Crypto whale 0x8709 has made significant investments in precious metals and a strategic short position in Nvidia. The investor spent $5.6 million USDC to acquire 1,066 XAUT at $5,261 each. Additionally, 0x8709 deposited $3.5 million USDC into Hyperliquid, opening long positions in silver and gold, with 53,528 SILVER valued at $6.48 million and 158.36 GOLD worth $876,000. The whale also shorted 4,229 NVDA shares, valued at $809,000, indicating a diversified strategy across commodities and tech stocks.