A major whale wallet, identified by the address starting with 0x06a, has closed a significant long position in gold, valued at $10.3 million. According to Hyperinsight monitoring, the position was fully liquidated at an average price of $4,587, as reported on April 2. The closure comes amid a decline in gold prices, which saw the unrealized profit on the position decrease from a peak of $870,000 to a realized profit of $418,000, marking a substantial reduction in potential gains.
Whale Closes $10.3M Gold Long Position Amid Price Drop
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