A trader with the largest long position in on-chain gold tokens has achieved a paper profit exceeding $750,000, according to HyperInsight monitoring. The trader holds 1,500 PAXGold (PAXG) tokens with 5x leverage, at an average entry price of $4,415.46, resulting in a floating profit of $271,000. Additionally, the trader has a position in xyz:SILVER tokens, pegged to silver prices, with 10x leverage and an average entry price of $78.879, yielding a floating profit of $484,000.
The same address has also leveraged long positions in a basket of on-chain US stock tokens, including Apple, Intel, Oracle, AMD, and Palantir, further diversifying their investment strategy.
Trader Nets $750,000 Profit on On-Chain Gold and Silver Tokens
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