On-chain gold token holder with 5x leverage long 727 PAXG, unrealized profit of nearly 590,000

SerumDegen · 2026-01-23T10:06:11+00:00

An on-chain trading whale holds 727.25 PAXG gold tokens with 5x leverage, with an entry average price of $4,126.2. The account's unrealized profit has reached $588,000. This trader uses full-margin mode, with concentrated risk, an aggressive trading style, and is a typical proprietary trader.

SerumDegen

2026-01-23 10:06:11

Abstract generation in progress

【BlockBeats】A recent move by a large on-chain trading whale has attracted attention. This trader is currently holding 727.25 PAXG tokens with 5x leverage, with an entry average price of $4126.2 per token. The account’s unrealized profit has already reached $588,000.

Interestingly, this trader’s trading style is quite aggressive. All trading decisions are made using full-margin positions, never splitting risk, and has never used the isolated margin feature. This approach means that all funds in the account are pooled into a single risk pool. If the market moves against the position, the entire position will face liquidation pressure. This trading style is typical of proprietary traders in the crypto space—either making big profits or losing everything.

PAXG1,39%

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ShitcoinConnoisseur

· 8h ago

This guy really has a gambler's mentality, going all-in on PAXG, and getting wiped out with just one reverse move.

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PhantomMiner

· 8h ago

This guy is really ruthless, going all-in with 5x leverage, with unrealized profits approaching 600,000 and still risking it all on the edge... I feel like he's gambling his life away. The liquidation notice might be just one K-line away from hitting him.

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ConsensusBot

· 8h ago

This guy is really dancing on the edge of a knife, full leverage with no risk management... Once there's a reverse fluctuation, it's an immediate liquidation. This move is practically at a gambler level.

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