Home
News
Details

Chain-Based Traditional Asset Trader Holds PAXG, Silver, and TSLA Synthetic Assets with Over $330K Unrealized Profit

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
PAXG
$4,941.051.92%
AI summary iconSummary

expand icon
A chain-based traditional asset trader is using support and resistance levels to manage positions in PAXG, xyz:SILVER, and TSLA synthetic assets, with a total account value of $1.39 million and $330,000 in unrealized profit. The largest position is a $3 million long in PAXG, generating $127,000 in profit (+42.49%), while an $1.82 million long in xyz:SILVER has yielded $230,000 in profit (+41%). The trader seems to be employing a take-profit strategy to lock in gains across multiple assets.

Odaily Planet Daily News: According to monitoring by Coinbob, a "blockchain traditional asset trader" has focused on positions in PAXG (Gold PAX Gold), xyz:SILVER (Silver), TSLA, and other U.S. stock synthetic assets and precious metals. The account's total value is $1.3896 million, with unrealized profits of $330,000. Its core holdings include:

PAXG Long Position: $3 million; current floating profit $127,000 (+42.49%);

xyz:SILVER Long: Worth about $1.82 million, currently with a floating profit of $230,000 (+41%);

In addition, there are long positions in xyz:GOLD and xyz:TSLA.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.