The "On-chain Gold Maxi" fully liquidated a PAXG long position at an average price of $4865, with the previous entry price around $4415.

January 22nd — Per the Coinbob Popular Address Monitor, a "On-chain Gold Max Long" whale on Hyperliquid fully closed its 5x leveraged PAXG long position amid overnight and morning gold price declines that briefly pushed spot gold below $4,800 per ounce. The whale locked in a total profit of $675,000: its prior position size was ~$7.3 million at an average entry price of $4,415. Post-closure, the wallet address ramped up long positions in XYZ100 and COPPER. Current position details: - 10x leveraged XYZ100 (NASDAQ 100 Index perpetual contract) long: Position size expanded from $14.8 million yesterday to $20.56 million; currently showing a floating loss of $36,000 at an average price of $25,443. - 10x leveraged COPPER (Copper Futures perpetual contract) long: Position size upped from $5.84 million yesterday to $11.6 million; floating loss of $176,000 at an average price of $5.895. The address holds a total balance exceeding $5 million and now focuses on trading U.S. stock tokens and on-chain precious metals. It ranks among the addresses with the largest on-chain PAXG and COPPER holdings, with a combined position size of $38.8 million. It also holds small amounts of small-cap U.S. stock tokens.