CoinVoice has recently learned that the suspected "1011 insider whale" Garrett Jin posted on the X platform, indicating that the prices of precious metals such as platinum, palladium, and silver, the "leaders", have significantly declined, while the prices of Bitcoin and Ethereum have begun to rebound.

Currently, the capital positions in these precious metals have become overly crowded, and the severe short-term overbuying has increased risks, also triggering profit-taking. Therefore, market capital will shift from overheated trading to relatively undervalued assets.

Garrett Jin previously stated that the rise in silver, palladium, and platinum is merely a short-term squeeze and is unsustainable. Once prices begin to reverse, it is likely to drag down gold prices as well, with market capital shifting from precious metals to Bitcoin and Ethereum.[Original link]