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Largest Short Seller of On-Chain Gold Cuts Losses, Still Holding $460,000 in Gold Shorts

Summary: According to HyperInsight, the largest short seller of on-chain gold (0xfc667) has cut losses on their gold shorts, currently shorting 2198.09 PAXG tokens (approximately $10.65 million) with 5x leverage at an average entry price of $4634.92, resulting in a $460,000 unrealized loss. In addition, the same address is also shorting a basket of altcoins with ...

According to HyperInsight, the largest short seller of on-chain gold (0xfc667) has cut losses on their gold shorts, currently shorting 2198.09 PAXG tokens (approximately $10.65 million) with 5x leverage at an average entry price of $4634.92, resulting in a $460,000 unrealized loss.

In addition, the same address is also shorting a basket of altcoins with high leverage while simultaneously longing 32.09 BTC with 20x leverage, resulting in a total account profit of $1.177 million.

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Link: Largest Short Seller of On-Chain Gold Cuts Losses, Still Holding $460,000 in Gold Shorts   [Copy]
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