According to @lookonchain, a notable whale identified as 0x9e8b has opened a significant 20x long position on 1,772 xyz:GOLD, valued at $7.61 million. The liquidation price for this position is set at $1,583.12. This move indicates strong leverage in the market, likely aiming to capitalize on potential upward price movements for xyz:GOLD.

According to Lookonchain, a newly created wallet '0x63c7' has opened 20x leveraged long positions on 80,050 xyz:SILVER worth $7.61M and 400 xyz:GOLD worth $2.15M within the past 6 hours. This aggressive trading move highlights potential market volatility for these assets.