A significant market player, known as a whale, has capitalized on the recent decline in gold and silver prices, securing a floating profit exceeding $2.9 million. The whale holds short positions in gold at a 4x leverage and silver at a 3x leverage. Current holdings include 5,283.84 units of gold valued at $25 million and 97,085.91 units of silver worth $7 million. This strategic positioning has allowed the investor to benefit substantially from the market downturn.