


TechFlame reports on December 30th that Garrett Jin, suspected to be the "1011 Insider Whale," posted on platform X, stating that as expected, the short squeeze in precious metals has now ended, and funds are beginning to flow into the cryptocurrency market. Garrett Jin previously noted that the rise in silver, palladium, and platinum was only a short-term squeeze and unsustainable. Once prices start to reverse, it is likely to drag down gold prices as well, with market funds shifting from precious metals to Bitcoin and Ethereum, moving from overheated trades to relatively undervalued assets.