Precious Metals Enthusiast Strikes Again: Whale Opens a $94,000 SILVER New Position with 5x Leverage, 68% Annual Return on Account

ForkMonger · 2026-01-20T05:06:23+00:00

A certain whale address has been frequently trading due to optimism about precious metals, recently adding 10,000 silver contracts with 5x leverage, resulting in a small profit of $26,000. The total value of the account's precious metals holdings is approximately $5.64 million, with an annual return on investment of 68.15%. High leverage trading significantly amplifies gains.

ForkMonger

2026-01-20 05:06:23

Abstract generation in progress

【Blockchain Rhythm】A whale address (0x271) has recently been very active due to continued optimism about precious metals. This large holder, known on-chain for “heavy long positions in precious metals,” added a 5x leveraged silver futures long position on January 20th, with a scale of 10,000 ounces, approximately $940,000, with an opening average price of $91.3. Currently, this position has already made a small profit, with unrealized gains of about $26,000, and the account’s profit rate has reached 12%.

Interestingly, this is not his first operation. As early as 15 days ago, when the silver price experienced a short-term correction, this whale decisively closed a previous long position of 20,000 SILVER contracts (original scale about $1.88 million, average price $79.6), successfully realizing a profit of $194,000. Now, with a comeback, it’s clear he is very confident about the future market.

Looking at the overall position structure of this account, precious metals are the true love. The on-chain gold PAXG position is valued at $3.05 million, with an average price of $4,429, currently unrealized gains of $170,000; the gold-mapped contract GOLD accounts for $1.64 million, with an average price of $4,509, unrealized gains of $64,000; the newly added SILVER contract is valued at $940,000; additionally, there is a Tesla-mapped contract position worth $560,000, but this currently has an unrealized loss of $45,000, with a return rate of -31%.

Overall, the total value of this account’s precious metals holdings is about $5.64 million, with a leverage multiple maintained around 5.2x, and the margin utilization rate approaching 80%. The total funds in the account are approximately $1.435 million, with an annual investment return rate of 68.15%, and a profit of $380,000 in the past month. This high-leverage, high-yield trading style clearly aims to amplify returns through the volatility of the precious metals market.

PAXG1.61%

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CommunityLurker

· 3h ago

This whale really knows how to play with precious metals. They bought and sold for $194,000, and now they've come back again. Confidence in Silver is sky-high!

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MissingSats

· 3h ago

Damn, it's this whale again. The precious metals fanatic is truly persistent, daring to play with 5x leverage. The guts are really big.

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MrDecoder

· 3h ago

This whale is really confident in precious metals. They're not afraid to go in with 5x leverage. I think silver prices will rise later.

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LightningSentry

· 4h ago

This guy is really a die-hard fan of precious metals, frequently buying and selling just to profit from the spread. He even dares to play with 5x leverage...

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