Home
News
Details

Top Bull for On-Chain Gold Cuts Oracle Token Position, Suffers $199,000 Loss

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
A top on-chain gold bull recently closed a long position in xyz:ORCL, incurring a $199,000 loss. The decision followed a review of on-chain trading signals. The same address still holds a 5x leveraged long position in PAX Gold and maintains highly leveraged longs in on-chain U.S. stocks such as Apple, Intel, Micron, AMD, and Palantir. Position trading strategies remain active across multiple assets.

BlockBeats News, January 21, according to... Hyperinsight Monitoring: The "top bull for on-chain gold," a trader, closed a long position in xyz:ORCL (tied to the price of Oracle stock in the U.S.) 11 hours ago, incurring a loss of $199,000.


Currently, the address is still long gold token PAX Gold (PAXG) with 5x leverage, and is highly leveraged long on a basket of on-chain U.S. equity tokens, including Apple, Intel, Micron Technology, AMD, and Palantir.

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.