Gold Price Surges to New High as Whale Secures $330,000 Profit

Gold Price Reaches New Milestone

On January 21, rising gold prices surpassed $4,890 per ounce, marking a new all-time high. Whales holding long PAXG positions on Hyperliquid have seen substantial unrealized gains.

Whale Takes Profit Amid Surge

The largest whale in the PAXG market partially closed its leveraged long positions over the past several hours, locking in profits of approximately $330,000.

Position Adjustment Details

Following the adjustment, the whale’s PAXG long exposure dropped from $7.3 million to $3.58 million, with an average entry price of $4,415. It currently holds unrealized gains of around $350,000, reflecting a 36% return, maintaining its top position in the market.

Additional Portfolio Exposure

• XYZ100 Long Position: $14.8 million in 10x leveraged Nasdaq 100 index futures equivalent, currently down $290,000 with an average price of $25,530.
• COPPER Long Position: $5.84 million in 10x leveraged copper futures equivalent, currently down $46,000 with an average price of $5.887.