BlockBeats News, February 11, according to Coinbob Hot Address Monitoring Show, the largest short whale of on-chain gold, "On-chain Investor" (0xfc66...), recently held various on-chain stock and commodity short positions worth about $80 million, and also deployed about $40 million in crypto-related positions such as ETH and SOL. The address has currently realized profits of about $12.7 million this month.
Over the past few days, the address has continuously added short positions in PAXG (on-chain gold), increasing its position size from $24.9 million to $30.3 million; its short position size in GOLD (gold-mapped contract) has also remained around $10.5 million. Notably, the whale has also established a total of approximately $36 million in "ETH/SOL exchange rate" short positions by shorting ETH while simultaneously going long on SOL, and this position has now generated significant floating profits. Its main position status is as follows:
5x PAXG (On-chain Gold): Position size about 30.3 million USD, average price 4974 USD, floating loss about 520,000 USD;
20x ETH: Position size about 18.8 million USD, average price 2043 USD, floating profit about 270,000 USD;
20x SOL: Position size about $18 million, average price $80.6, floating profit about $610,000;
5x GOLD (Gold Mapping Contract): Position size of approximately 1.05 million USD, average price 4,858 USD, floating loss of approximately 410,000 USD;
It is reported that this address has previously focused on on-chain contract operations for crypto assets. Since January 8th of this year, it has continuously reduced highly leveraged short positions in ETH, BTC, and SOL, and has gradually increased its investment in on-chain stocks. Currently, its on-chain stock positions have accumulated nearly $80 million in additional investments within a month, with some funds recently returning to the crypto market.