Whale large buy of PAXG gold tokens, 10x leverage, 214 coins approximately $1 million in position building

SignatureVerifier · 2026-01-19T09:02:11+00:00

A top whale address bought 214 PAXG tokens on the gold-backed token PAXG with 10x leverage, valued at approximately $1 million. The average entry price was $4,628.43, and it is currently in a floating profit, indicating a strong bullish outlook on gold prices.

SignatureVerifier

2026-01-19 09:02:11

Abstract generation in progress

【Blockchain Rhythm】Just detected an interesting large transaction. At 16:41 this afternoon, a top whale address suddenly appeared on the trading pair of the gold token PAXG, going long with 10x leverage, buying 214 PAXG in one go, equivalent to a position of about $1 million. The average entry price for this order is $4628.43, and based on current data, the unrealized profit is still quite good, indicating that this whale’s timing is quite accurate.

As a representative of on-chain gold assets, such large leveraged interventions usually indicate that whales are strongly optimistic about the recent direction of gold prices. The 10x leverage also reflects this whale’s high confidence in this market trend—after all, with this level of risk, a slight misstep could easily lead to a liquidation. Currently, this position is still in profit, and the subsequent price movement is worth close attention.

PAXG1,21%

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