Position Reaches $8.668 Million, an Address Goes 20x Long on Gold

Odaily News: This morning, an address accumulated a GOLD long position on Hyperliquid through a 90-minute TWAP, with an average entry price of approximately $4,304.86 and trades executed between $4,294.9 and $4,313.6. The position uses 20x cross margin leverage, with principal of approximately $437,000. As of press time, GOLD is trading at $4,339, putting the position at an unrealized profit of approximately $68,700, with no new add-on or reduction trades and no public pending orders yet.