logo

The "On-chain Gold Maxi" fully liquidated a PAXG long position at an average price of $4865, with the previous entry price around $4415.

By: theblockbeats.news|2026/01/22 14:00:23
0
Share
copy

BlockBeats News, January 22nd, according to Coinbob Popular Address Monitor, affected by the overnight and this morning's decline in the price of gold per ounce, briefly dropping below $4800, the "On-chain Gold Max Long" whale on Hyperliquid completely closed its 5x leveraged PAXG long position, realizing a total profit of $675,000 with a previous position size of around $7.3 million at an average price of $4415. After the closure, the address increased its position in XYZ100 and COPPER longs. The current position details are as follows:

10x leveraged XYZ100 (NASDAQ 100 Index perpetual contract) long, with the position size increasing from $14.8 million yesterday to $20.56 million, currently at a floating loss of $36,000, with an average price of $25443;

10x leveraged COPPER (Copper Futures perpetual contract) long, with the position size increasing from $5.84 million yesterday to $11.6 million, with a floating loss of $176,000, at an average price of $5.895.

The address's total balance exceeds $5 million, currently focused on trading US stock tokens and on-chain precious metals. It is currently one of the addresses with the highest on-chain PAXG and COPPER holdings, with a total position size of $38.8 million. It also holds some small-cap US stock tokens.

-- Price

--

You may also like

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

Contents

Popular coins

Latest Crypto News

Read more