BlockBeats News, January 26th, according to Hyperinsight monitoring, influenced by the continuous strengthening of the gold price and breaking through $5100 per ounce to hit a new all-time high last night, whales on Hyperliquid who went long on PAXG (gold on-chain) generally realized substantial profits.
Among them, the “largest long position in on-chain gold PAXG” whale (0xfd6) saw the floating profit of its 5x leveraged PAXG long position expand to $710,000, with a return of approximately 96%. The current position size is around $3.71 million, with an average price of $4126.
This whale had set a take-profit order as early as November 1st last year, with a long target of $8850. The position was opened on October 22nd last year, and the account currently holds only the on-chain gold token PAXG.
