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Home News 「On-chain Investor」 Goes Short on Precious Metals, Nasdaq, and Other Commodities with an $80 Million Position, Turns Loss into Gain Today

「On-chain Investor」 Goes Short on Precious Metals, Nasdaq, and Other Commodities with an $80 Million Position, Turns Loss into Gain Today

「On-chain Investor」 Goes Short on Precious Metals, Nasdaq, and Other Commodities with an $80 Million Position, Turns Loss into Gain Today

BlockBeats News, January 30, according to Coinbob Popular Address Monitor data, the largest on-chain gold bear whale known as the “On-chain Stockholder” (0xfc66…) account has currently turned its overall loss into a profit. The current position size is approximately $91.7 million, with over $80 million concentrated in commodity short positions, especially focused on the Nasdaq 100 Index and PAXG (on-chain gold)/GOLD (gold mapping contract) shorts, with a combined size of approximately $41 million. The current major commodity short positions are as follows:

6x XYZ100 (Nasdaq 100 Index): Position size approximately $19.6 million, average price $25,819, floating profit approximately $1.12 million;

5x PAXG (On-chain Gold): Position size approximately $12 million, average price $5,250, floating profit approximately $0.26 million;

5x xyz:GOLD (Gold Mapping Contract): Position size approximately $10.02 million, average price $5,320, floating loss approximately $0.42 million;

2x xyz:SILVER (Silver Mapping Contract): Position size approximately $8.6 million, average price $108, floating profit approximately $0.38 million.

It is reported that this address has previously focused on on-chain operations of crypto assets. Since January 8 this year, it has been continuously reducing leveraged ETH, BTC, and SOL short positions; gradually increasing on-chain stock positions instead. Currently, its on-chain stock position has accumulated an increase of nearly $80 million within January.

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