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"On-chain gold's largest long position" closes Oracle token long position, losing $199,000
GateNews
PAXG-3,3%
BlockBeats News, January 21 — According to Hyperinsight monitoring, the “largest on-chain gold long” trader closed their xyz:ORCL (pegged to the US stock Oracle price) long position 11 hours ago, incurring a loss of $199,000.
Currently, this address is still using 5x leverage to go long on the gold token PAX Gold (PAXG), and is also highly leveraged long on a basket of on-chain US stock tokens, including Apple, Intel, Micron Technology, AMD, and Palantir.
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