Silver and gold buyers on leverage took the heaviest losses on Binance's TradFi perpetuals on Oct 23. In crude oil, the short sellers were the ones caught.
Silver topped the board at $23.71M, $23.10M of it from long bets. Gold followed at $17.77M, with $17.54M from longs. Both crude contracts flipped that pattern. CL lost $8.27M on shorts against $109K on longs, and BZ lost $8.00M against $71K. The largest single closure of the day, $2.81M, was also on BZ.
Across the day $91.39M was closed out on 224 contracts, split 70% longs / 30% shorts. That is 19% more than the $76.69M of Oct 22.
Silver topped the board at $23.71M, $23.10M of it from long bets. Gold followed at $17.77M, with $17.54M from longs. Both crude contracts flipped that pattern. CL lost $8.27M on shorts against $109K on longs, and BZ lost $8.00M against $71K. The largest single closure of the day, $2.81M, was also on BZ.
Across the day $91.39M was closed out on 224 contracts, split 70% longs / 30% shorts. That is 19% more than the $76.69M of Oct 22.