On January 19, according to monitoring data from Hyperinsight, a whale entered the market at 16:41 and opened a leveraged position in the gold-backed token PAXG. The transaction involved 214 PAXG tokens, worth approximately $1 million, at an average price of $4628.43.

Notably, although the unrealized profit is modest, the move signals strong confidence in gold tokens. Whale-level transactions like this often indicate long-term optimism about the asset's value potential.

Below are the key details of this transaction:

  • Time: January 19 at 16:41
  • Token: PAXG (gold-backed token)
  • Leverage: 10x
  • Total purchase: 214 tokens
  • Average price: $4628.43
  • Current status: Small unrealized profit