星球日报|12月 25, 2025 04:33
[Suspected '1011 Insider Whale' Garrett Jin: Precious Metal Prices Plunge, BTC and ETH Begin to Rebound]
Odaily Planet Daily News – Suspected '1011 Insider Whale' Garrett Jin posted on the X platform, stating that the prices of leading precious metals such as platinum, palladium, and silver have seen a significant decline, while Bitcoin and Ethereum prices have started to rebound. Currently, the market positions in these precious metals are overly crowded, with severe short-term overbuying driving up risks and triggering profit-taking. As a result, market funds are likely to shift from overheated trades to relatively undervalued assets. Garrett Jin previously mentioned that the rise in silver, palladium, and platinum is merely a short-term squeeze and unsustainable. Once prices begin to reverse, they may also drag down gold prices, leading market funds to move from precious metals to Bitcoin and Ethereum.
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