Data: The largest on-chain gold bull long gold and silver.
AI Summary1 min read
TL;DR
A trader holds the largest on-chain gold long position with 1,500 PAXG at 5x leverage and silver at 10x leverage, earning significant floating profits, plus long positions in on-chain US stock tokens.
Tags
on-chain tradinggold long positionPAXGsilver leverageUS stock tokens
According to ChainCatcher and Hyperinsight monitoring, the trader with the largest on-chain gold long position is currently long 1,500 PAX Gold (PAXG) tokens with 5x leverage at an average entry price of $4,415.46, resulting in a floating profit of $271,000; and long xyz:SILVER (pegged to silver prices) with 10x leverage at an average entry price of $78.879, resulting in a floating profit of $484,000.
In addition, the address also long a basket of on-chain US stock tokens, including Apple, Intel, Oracle, AMD, and Palantir.