「On-chain Shareholder」 Takes Profit on BTC Short Position and Accelerates On-chain Stock and Gold Deployment, Related Holdings Reach $24.3 Million

BlockBeats News, January 19th, according to Coinbob Popular Address Monitor data, in the past 1 hour, the "On-chain Stock Trader" whale (0xfc66...) has continued to reduce its BTC short position to take profit, having now reduced a total of approximately $1.18 million and is still reducing at the time of writing. After this operation, the total value of BTC short positions held by this address is still $8.7559 million, with a floating profit of approximately $0.334 million, and its total assets in the futures account are currently $67.28 million.

While reducing its cryptocurrency short positions, the address has shifted funds to on-chain stocks and gold assets. Among them, it has continued to increase its holdings in several on-chain stock targets, including the S&P 500, Tesla, and MicroStrategy, from $4 million last week to the current $10.25 million. In addition, the address has also opened a short position in PAXG (gold), with a holding size of $14.1 million and an average price of $4532. Currently, its total holdings of on-chain stocks and gold amount to approximately $24.35 million.

The total asset size of this address exceeds $67.2 million. Its recent operational strategy has undergone a significant shift: starting from January 8th this year, it has been continuously reducing highly leveraged ETH, BTC, and SOL short positions, with an overall reduction of about 50% in holdings; at the same time, it has gradually increased holdings in on-chain stocks and gold assets, now being the largest on-chain gold short.