Major Whale Just Opened a Huge Short on Gold!
A trader entered a 25.4 million dollar short position on $XAU with 25x leverage.
The liquidation price is around 4486 and part of the position has already been liquidated with over 400k in losses
Crypto traders are now actively trading gold perpetuals with high leverage.
One significant upward move can wipe out hundreds of thousands in moments.
The whole crypto Twitter is closely watching these liquidations.
Are you opening positions on gold perps with that level of leverage?
Or are you keeping your focus on $BTC and $ETH only?
Drop your thoughts below👇