Whales simultaneously short-sold gold, crude oil, and storage chips, betting $53.3 million
2026-08-06 21:30:49
According to CoinMeta, monitoring of an early issuer of in revealed that a large whale account with the address 0x84ab…4d37 was simultaneously short-selling gold, crude oil, and memory chips, with a total position value of 53.3 million US dollars. The key positions included: 3rd on the gold short list, with a holding value of 24.71 million US dollars, a cost of $41.564, and a floating loss of 603,200 US dollars; 5th on the crude oil short list, with a holding value of 10.28 million US dollars, a cost of $75.266, and a floating loss of 117,800 US dollars; and 3rd on the memory chip short list, with a holding value of 9.32 million US dollars and a floating profit of 350,400 US dollars. This account also held short positions in dram and mu, among which dram had a floating profit of 490,500 US dollars. Currently, the profits from the chip short positions are covering the losses on gold and crude oil, with a total floating profit of only 104,400 US dollars. Notably, this large whale is increasing its positions against the trend: today, it added about 2,200 gold short positions between $4273.88 and $4294.85, and about 86% of its crude oil positions were established between $75.282 and $75.313.
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Source:Internet
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