Chain's Top Gold Bull Earns Over $750,000 in Profits from Gold and Silver Positions

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A top on-chain gold bull has earned over $750,000 in profits from leveraged gold and silver positions. The trader holds 1,500 PAXG tokens at $4,415.46 with 5x leverage, yielding $271,000 in gains. A 10x leveraged long in xyz:SILVER at $78.879 added $484,000 in profit. The address also holds leveraged U.S. stock tokens like Apple and AMD. Traders using value investing in crypto often watch support and resistance levels to time entries.

BlockBeats News, January 13, according to... Hyperinsight Monitoring: The "biggest bull for on-chain gold," a trader, is currently long 1,500 gold tokens PAX Gold (PAXG) with 5x leverage, averaging an entry price of $4,415.46, and has a floating profit of $271,000. Additionally, the trader is long xyz:SILVER (pegged to the price of silver) with 10x leverage, averaging an entry price of $78.879, and has a floating profit of $484,000.


In addition, the address is highly leveraged in going long a basket of on-chain U.S. stock tokens, including Apple, Intel, Oracle, AMD, and Palantir.

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