**[Gold Shows Signs of Rebound, Whales Open Multi-Million Dollar Long Positions—Can a New Trend Begin?]** BlockBeats reports that on October 9, gold rebounded from a two-month low, with on-chain data showing multi-million dollar long positions. Between October 7 and 8, two whales began establishing gold perpetual long positions on Trade.xyz. According to the October 9 snapshot of holdings, the combined positions totaled approximately $23.4919 million, both in profit, with a combined unrealized gain of around $303,900. One position, a 20x leveraged long worth approximately $10.3075 million, had an average entry price of $4,137.05 and an unrealized profit of about $140,900 (address: 0x61ce). The other position, a 25x leveraged long worth approximately $13.1844 million, had an average entry price of $4,142.53 and an unrealized profit of about $163,000 (address: 0xec0b). The cost basis for both large long positions is concentrated between $4,137 and $4,143, with a weighted average price of approximately $4,140.13, acting as a catalyst.