Trader Profits from Leveraged Silver and Gold Positions

According to BlockBeats, on January 15, Hyperinsight reported that a trader known as the 'largest on-chain gold bull' closed a 10x leveraged long position on xyz:SILVER, which is pegged to the price of silver, securing a profit of $781,000. Currently, the trader maintains a 5x leveraged long position on 1,500 PAX Gold (PAXG) tokens, with an average entry price of $4,415.46, resulting in an unrealized profit of $270,000. Additionally, the trader holds high-leverage long positions on a basket of on-chain U.S. stock tokens, including Apple, Intel, Oracle, Micron Technology, AMD, and Palantir.