PANews reported on January 13th that, according to Coinbob monitoring, a whale address (0xfc66), known as an "on-chain part-time stock trader," has significantlyPANews reported on January 13th that, according to Coinbob monitoring, a whale address (0xfc66), known as an "on-chain part-time stock trader," has significantly

"On-chain part-time stock trader" shorts on-chain gold, holding $13 million.

2026/01/13 15:50

PANews reported on January 13th that, according to Coinbob monitoring, a whale address (0xfc66), known as an "on-chain part-time stock trader," has significantly increased its short positions in on-chain gold (PAXG) with 5x leverage and is still adding to its positions, making it the largest short seller of PAXG. This address has also recently established 18 short positions in stocks on Hyperliquid, with the largest positions concentrated in ORCL (Oracle), PLTR (Palantir), and AMZN (Amazon). Its current main holdings are:

  • PAXG (on-chain gold) short position: open interest of approximately $13 million, average price of $4,517, unrealized loss of approximately 1.8%;
  • XRP short position: Open interest of approximately $13 million, average price of $2.056, unrealized profit of approximately 1.5%;
  • HYPE short positions: open interest of approximately $5.87 million, average price of $24.38, unrealized profit of approximately 9.0%;

It is reported that this address had previously focused on on-chain contract operations for crypto assets, but since January 8th of this year, it has been continuously reducing its 20x leveraged short positions in ETH, BTC, and SOL, decreasing its holdings from $45.6 million to $17.6 million. Currently, its total on-chain equity positions are approximately $4 million. The total holdings of this address have reached $53.2 million.

Market Opportunity
Particl Logo
Particl Price(PART)
$0.2699
$0.2699$0.2699
+0.93%
USD
Particl (PART) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Strategic Expansion Unveils New Trading Pair For Global Market

Strategic Expansion Unveils New Trading Pair For Global Market

The post Strategic Expansion Unveils New Trading Pair For Global Market appeared on BitcoinEthereumNews.com. OKX SENT Listing: Strategic Expansion Unveils New Trading
Share
BitcoinEthereumNews2026/01/27 14:30
Mitsubishi Electric and Landis+Gyr Accelerate Grid Edge Innovation as Mitsubishi Electric Takes Part in Landis+Gyr’s Application Ecosystem

Mitsubishi Electric and Landis+Gyr Accelerate Grid Edge Innovation as Mitsubishi Electric Takes Part in Landis+Gyr’s Application Ecosystem

ATLANTA and TOKYO, Jan. 27, 2026 /PRNewswire/ — Mitsubishi Electric Corporation and Landis+Gyr (SIX: LAND) announced today that they have signed a Memorandum of
Share
AI Journal2026/01/27 14:30
Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin purchase agreement. According to the official statement, GD Culture Group announced that they have entered into an equity agreement to acquire assets worth $875 million, including 7,500 Bitcoins, from Pallas Capital Holding, a company registered in the British Virgin Islands. GD Culture will issue approximately 39.2 million shares of common stock in exchange for all of Pallas Capital’s assets, including $875.4 million worth of Bitcoin. GD Culture CEO Xiaojian Wang said the acquisition deal will directly support the company’s plan to build a strong and diversified crypto asset reserve while capitalizing on the growing institutional acceptance of Bitcoin as a reserve asset and store of value. With this acquisition, GD Culture is expected to become the 14th largest publicly traded Bitcoin holding company. The number of companies adopting Bitcoin treasury strategies has increased significantly, exceeding 190 by 2025. Immediately after the deal was announced, GD Culture shares fell 28.16% to $6.99, their biggest drop in a year. As you may also recall, GD Culture announced in May that it would create a cryptocurrency reserve. At this point, the company announced that they plan to invest in Bitcoin and President Donald Trump’s official meme coin, TRUMP token, through the issuance of up to $300 million in stock. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/another-nasdaq-listed-company-announces-massive-bitcoin-btc-purchase-becomes-14th-largest-company-theyll-also-invest-in-trump-linked-altcoin/
Share
BitcoinEthereumNews2025/09/18 04:06