BlockBeats News, January 20th, according to Hyperinsight monitoring, the “largest on-chain gold short” trader is currently shorting 2989.3 gold tokens PAXG (approximately $14.02 million) with 5x leverage, with an average entry price of $4533, and a floating loss of $477,000 per token.
In addition, this address is also highly leveraged shorting BTC and a basket of altcoins, with a total floating profit of $1.245 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Slides as Donald Trump Escalates Iran War Rhetoric
Bitcoin Drops Sharply as Geopolitical Tensions Trigger Market Selloff
Oil Surges Past $107 While Stocks and Gold Face Steep Declines
ETF Outflows and War Fears Weaken Crypto Market Confidence
Global markets turned lower as geopolitical tensions intensified following fresh U.S. military updates. B
CryptoBreaking5m ago
‘Bitcoin Is Not Looking Great’: Why Top Analysts Are Warning BTC Could Plunge Further
Bitcoin tried and failed at $76,000 last week and $72,000 a few days ago. It was rejected in its tracks at both attempts, and the Friday correction pushed it south to a four-week low of $65,500.
Although it has recovered some ground since then and currently trades above $66,000, most analysts on
CryptoPotato8m ago
XRP Could Struggle in 2026 — Why Some Holders Are Quietly Switching to Bitcoin Everlight Shards
The SEC lawsuit against Ripple that was compressing XRP sentiment for many years has finally concluded a few months back. Exchanges that had previously delisted the cryptocurrency are now back offering it. And yet, the token has spent the first few months of this year trading sideways, while the b
CryptoPotato12m ago
Alternative Crypto Investments During a Bitcoin Crash? Bitcoin Everlight Draws Interest
Bitcoin broke below $88,000 on January 26, losing both psychological and technical support as selling pressure intensified.
But the pain didn’t stop there, and then slid to intraday lows near $86,000, extending losses across the broader crypto market.
This took place after geopolitical
CryptoPotato16m ago
This Oversold Signal Has Triggered 350%, 1,800%, and 2,700% Bitcoin Surges Before
Although it has performed relatively well since the war in the Middle East broke out nearly a month ago, and has dwarfed gold in terms of gains within this period, bitcoin is far from its best shape observed in October last year.
The cryptocurrency trades nearly 50% below its all-time high of
CryptoPotato27m ago
Here’s why bitcoin’s drop below $68,000 raises the risk of a crash under $60,000
President Donald Trump's renewed aggressive posturing toward Iran has pushed bitcoin lower by roughly 2% over the past 24 hours to $67,000. While this price action is consistent with routine volatility, beneath the surface, market structure looks fragile.
This is mainly due to flows in the
CoinDesk50m ago
