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
2 min read
For feedback or concerns regarding this content, please contact us at [email protected]

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)
$0.1512
$0.1512$0.1512
-0.06%
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 [email protected] 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

Tokyo Fashion Brand Expands Into Bitcoin and AI

Tokyo Fashion Brand Expands Into Bitcoin and AI

The post Tokyo Fashion Brand Expands Into Bitcoin and AI appeared on BitcoinEthereumNews.com. On Wednesday, Japanese casual apparel retailer Mac House announced that shareholders approved a name change to Gyet Co., Ltd., signaling a strategic shift into crypto and digital assets. The move highlights a broader corporate plan centered on cryptocurrency, blockchain, and artificial intelligence. It reflects the company’s ambition to launch a global Bitcoin treasury program, drawing attention from both domestic and international observers. “Yet” and Its Global Significance Gyet’s amended corporate charter introduces wide-ranging digital initiatives, adding cryptocurrency acquisition, trading, management, and payment services. The new objectives also cover crypto mining, staking, lending, and yield farming, as well as blockchain system development, NFT-related projects, and research in generative AI and data center operations. These changes indicate a clear intent to diversify beyond apparel and position the company within global technology and finance sectors. Sponsored Sponsored The rebranding reflects Gyet’s aim to operate with a broader international outlook. Its new name conveys three concepts: “Growth Yet,” “Global Yet,” and “Generation Yet,” signaling a desire to create technology-driven value for future generations while expanding beyond Japan’s domestic market. Bitcoin Purchasing and Mining Gyet declared its digital asset ambitions in June 2025 and in July signed a basic cooperation agreement with mining firm Zerofield. The company has since begun a $11.6 million Bitcoin acquisition program and is testing mining operations in US states such as Texas and Georgia, where electricity costs are relatively low. Its goal of holding more than 1,000 BTC is modest globally, but the model—funding purchases and mining with retail cash flow—remains unusual for an apparel business. Within Japan, Gyet follows companies such as Hotta Marusho and Kitabo, which have also diversified into cryptocurrency activities distinct from their original operations. This move may accelerate corporate Bitcoin holdings as a financial strategy, attract interest in overseas mining ventures by Japanese firms, and…
Share
BitcoinEthereumNews2025/09/18 11:13
Prediction markets price rising Trump impeachment risks amid Iran conflict. What it signals for 2026 economic uncertainty?

Prediction markets price rising Trump impeachment risks amid Iran conflict. What it signals for 2026 economic uncertainty?

The post Prediction markets price rising Trump impeachment risks amid Iran conflict. What it signals for 2026 economic uncertainty? appeared on BitcoinEthereumNews
Share
BitcoinEthereumNews2026/03/15 03:01
Tom Lee’s BitMine Buys $10.2 Million in ETH Directly From Ethereum Foundation

Tom Lee’s BitMine Buys $10.2 Million in ETH Directly From Ethereum Foundation

The post Tom Lee’s BitMine Buys $10.2 Million in ETH Directly From Ethereum Foundation appeared on BitcoinEthereumNews.com. The Ethereum Foundation has made another
Share
BitcoinEthereumNews2026/03/15 03:15