On-chain Investor Takes $80M Short Positions on Precious Metals and Nasdaq, Turns Profitable Today

On-chain Investor Adjusts Positions and Turns Profitable

According to data from Coinbob's address tracking, as of January 30, the well-known on-chain investor 'Chain Investor' has fully turned profitable. The total portfolio value is approximately $91.7 million, with over $80 million allocated to short positions in commodities.

The account has recently focused on shorting the Nasdaq 100 Index and precious metal contracts, including:

• 6x XYZ100 (Nasdaq 100 Index): Holding about $19.6M, average price at $25,819, unrealized profit of $1.12M;
• 5x PAXG (On-chain Gold): Holding about $12M, average price at $5,250, unrealized profit of $260K;
• 5x xyz:GOLD (Gold Futures Contract): Holding about $10.02M, average price at $5,320, unrealized loss of $420K;
• 2x xyz:SILVER (Silver Futures Contract): Holding about $8.6M, average price at $108, unrealized profit of $380K.

Continuous Adjustment of Investment Strategy

Prior to this, the account primarily focused on on-chain crypto contract trading. Since January 8, it has gradually reduced leveraged short positions in ETH, BTC, and SOL, while increasing exposure to on-chain stocks. Data shows that within the past month, the account has added nearly $80 million in on-chain stock positions.