A certain whale spent $5.6 million to go long on silver and gold, while simultaneously shorting NVDA.
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According to Odaily, monitoring by Lookonchain shows that a whale (0x8709...AC54) spent 5.6 million USDC to purchase 1,066 XAUT at a price of $5,261 each. Subsequently, this address deposited 3.5 million USDC into Hyperliquid, opening long positions of 53,528 SILVER (worth $6.48 million) and 158.36 GOLD (worth $876,000), while simultaneously shorting 4,229 NVDA (worth $809,000).
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