BlockBeats News, January 20, according to... Coinbob Hot Address Monitoring Recently, due to the continuous rise in gold prices and a new all-time high of $4,700 today, large whales who have taken long positions in PAXG (on-chain gold) on Hyperliquid have all recorded significant floating profits. Among them, the "largest on-chain gold bull" opened a 5x leveraged long position in PAXG at a high price on January 2nd, with an average entry price of $4,415 and a position size of approximately $7.12 million. The current floating profit is $500,000 (about 27%), making this whale the largest PAXG long position holder on the chain.
In addition, the second-largest PAXG long-position whale (0x271), who heavily bets on precious metals, opened positions on January 5th using 10x leverage to go long on both PAXG and GOLD (a gold-mapped contract). The combined position size is currently approximately $4.7 million, with a total unrealized profit of about $280,000 (a 50% gain).