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"On-chain gold's biggest short" stops loss and reduces gold short positions, still with an unrealized loss of $460,000

GateNews
PAXG-1.41%
BTC-0.97%

BlockBeats News, January 22 — According to HyperInsight monitoring, the "On-Chain Gold Largest Short Seller" trader (0xfc667) has cut losses and reduced gold short positions. Currently, they are shorting 2198.09 PAXG gold tokens (approximately $10.65 million) with 5x leverage, with an average entry price of $4,634.92. The unrealized loss per token is $460,000.

In addition, this address is also highly leveraged short on a basket of altcoins, simultaneously holding a 20x long position on 32.09 BTC for hedging, with a total unrealized profit of $1.177 million.

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GateUser-5eb52a14vip
· 01-22 07:58
ockBeats Message, January 22, According to HyperInsight monitoring, the "On-Chain Gold Largest Short Seller" trader (0xfc667) has cut losses and reduced gold short positions. Currently, they are shorting 2198.09 PAXG gold tokens (approximately $10.65 million) with 5x leverage, with an average entry price of $4634.92. The unrealized loss per token is $460,000. Additionally, this address is also shorting a basket of altcoins with high leverage and simultaneously holding a 20x long position of 32.09 BTC to hedge, with a total unrealized profit of $1.177 million.
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