On January 20th, monitoring by Hyperinsight (via https://t.me/HyperInsight) shows the largest on-chain gold bear trader is currently shorting 2,989.3 PAXG tokens (roughly $14.02 million) with 5x leverage. The trader’s average entry price is $4,533 per token, with an unrealized loss of $477,000 per token. Additionally, the same address holds highly leveraged short positions on BTC and a basket of altcoins, posting a total unrealized profit of $1.245 million across its account.
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