The "On-chain Shareholder" took a short position in commodities such as precious metals and the Nasdaq with a scale of 80 million, turning losses into gains today
BlockBeats News, January 30. According to Coinbob Popular Address Monitor, the largest on-chain gold bear whale "On-chain Stock Investor" (0xfc66...) account has currently turned its overall position from loss to profit. The current position size is approximately $91.7 million, with over $80 million concentrated in commodity shorts, especially focusing on the Nasdaq 100 Index and PAXG (On-chain Gold) / GOLD (Gold Mapping Contract) shorts, with a total size of around $41 million. The current major commodity positions are as follows:
6x XYZ100 (Nasdaq 100 Index): Position size approximately $19.6 million, average price $25,819, unrealized profit around $1.12 million;
5x PAXG (On-chain Gold): Position size approximately $12 million, average price $5,250, unrealized profit around $260,000;
5x xyz:GOLD (Gold Mapping Contract): Position size approximately $10.02 million, average price $5,320, unrealized loss around $420,000;
2x xyz:SILVER (Silver Mapping Contract): Position size approximately $8.6 million, average price $108, unrealized profit around $380,000.
It is reported that this address has been focusing on on-chain contract operations of crypto assets and has been continuously reducing leveraged ETH, BTC, and SOL shorts since January 8. Instead, it has gradually increased its on-chain stock holdings, with its on-chain stock position accumulating nearly $80 million within a month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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