On-chain gold token whale aggressively increases position: 5x leverage long on PAXG, unrealized profit exceeds $270,000

ForkMonger · 2026-01-13T07:26:10+00:00

A trader known as the "largest long position on-chain gold token" has recently been trading frequently, using high leverage to go long on PAXGold and on-chain silver assets xyz:SILVER, achieving significant unrealized gains. In addition, he has also positioned multiple on-chain US stock tokens, seemingly betting on the rise of commodities and technology stocks.

ForkMonger

2026-01-13 07:26:10

Abstract generation in progress

【ChainWen】An interesting trading signal. According to on-chain monitoring data, this trader, known as the “On-Chain Gold Token Largest Long Position,” has been very active recently—using 5x leverage to aggressively buy 1,500 PAXGold(PAXG). The average entry price is $4,415.46, and the current unrealized profit has already reached $271,000.

This guy is not satisfied. He also used 10x leverage to go long on xyz:SILVER (an on-chain asset pegged to silver prices), with an average entry price of $78.879, and the unrealized profit is even more impressive—$484,000.

Even more remarkably, this address has simultaneously deployed high leverage across a basket of on-chain US stock tokens, including Apple, Intel, Oracle, AMD, and Palantir. It looks like he’s betting on a big move in commodities and tech stocks.

PAXG-0,19%

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GasWrangler

· 01-14 16:04

ngl this guy's leverage strategy is mathematically sub-optimal... 5x on paxg, 10x on silver? if you analyze the liquidation risk data, the margin requirements alone are gas inefficient relative to actual capital deployment. technically speaking, this is demonstrably not optimal base layer positioning

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BankruptcyArtist

· 01-13 07:56

This guy really isn't afraid of death. He dares to play with 10x leverage silver, with a floating profit of 480,000 and still adding more. How tough is his mentality?

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