Whale's Tokenized Gold Contracts Yield $470K in Profits

News Flash 2026-01-23 09:31

A whale address has achieved significant profits from long positions in tokenized precious metals, with total realized gains exceeding $470,000. The address, identified as 0x271ce82149c67fae0d2a39571707f382fe425014, holds a 10x long position in PAXG, generating a floating profit of $340,000. Additionally, it maintains a 10x long position in XYZ:GOLD with a $55,000 floating profit and a 5x long position in XYZ:SILVER, yielding a $72,000 floating profit. The total size of its tokenized gold contract positions has now reached $4.96 million.

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