A whale holding short positions in gold and silver has already made a floating profit of over $2.9 million.

CoinFeed reported on March 19th that, according to Onchain Lens monitoring, following the sudden drop in gold and silver prices, a whale holding short positions in gold (4x leverage) and silver (3x leverage) is reaping over $2.9 million in floating profits. Position data: 5,283.84 GOLD ($25 million); 97,085.91 SILVER ($7 million).