"On-chain stock investors" reduce BTC short positions and accelerate the deployment of on-chain stocks and gold, with related holdings reaching $24.3 million.

BTC-0,8%
ETH-1,41%
SOL-2,62%
PAXG-1,16%

BlockBeats News, January 19 — According to Coinbob Hot Address Monitoring, over the past hour, the “On-Chain Stock Investor” whale (0xfc66…) has continued to reduce its BTC short positions for profit-taking. So far, it has reduced approximately $1.18 million, and as of press time, it is still decreasing its holdings. After this operation, the total value of the address’s BTC short positions remains at $8,755,900, with an unrealized profit of about $334,000. Its total assets in the contract account currently amount to $67.28 million.

While reducing its crypto short positions, the address has shifted funds into on-chain stocks and gold assets. Among them, it has continued to increase its holdings in several on-chain stock assets, including the S&P 500, Tesla, and MicroStrategy. The related holdings have increased from $4 million last week to the current $10.25 million. Additionally, the address has opened a new PAXG (gold) short position, with a position size of $14.1 million at an average price of $4,532. Currently, its total on-chain stock and gold-related holdings amount to approximately $24.35 million.

The total assets of this address exceed $67.2 million. Its recent operational strategy has shown a clear shift: since January 8 this year, it has been continuously reducing high-leverage short positions in ETH, BTC, and SOL, with overall holdings shrinking by about 50%. At the same time, it has gradually increased its holdings in on-chain stocks and gold assets, now becoming the largest on-chain gold short position.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

MICA Daily | Cryptocurrency Market Enters Bear Market, Are BTC Miners Still Selling?

Since the beginning of 2025, the miner supply ratio has continued to decline, indicating a decrease in the amount of BTC that miners are selling to Binance. However, BTC price has risen first and then fallen, reflecting that even with reduced selling pressure, prices can still decline. Miners face higher costs post-halving, with many operating at breakeven levels. The selling pressure from price weakness primarily comes from spot investors and macroeconomic risk factors.

区块客9m ago

Swan Bitcoin 申请传唤 Cantor Fitzgerald 及前 CEO,寻求矿业纠纷相关证据

Swan Bitcoin filed a subpoena in New York Federal Court against Cantor Fitzgerald and its former CEO, seeking key documents related to a failed mining joint venture project, based on allegations that a former employee stole confidential information and founded a competing company.

GateNews18m ago

Bitcoin Depot CEO Change: Multiple State Lawsuits Pending, Revenue Expected to Drop 40%

Bitcoin Depot announces that former MoneyGram CEO Alex Holmes has assumed the role of chief executive officer as the company faces enforcement pressure from multiple states. Holmes will focus on operational stability and regulatory reform, with revenue expected to decline 30% to 40% in 2026. Meanwhile, BTM stock has performed poorly, with cumulative losses exceeding 94%.

MarketWhisper29m ago

Here are 9 altcoins that have outperformed Bitcoin recently

Only 9 non-stablecoin tokens are near their all-time high (ATH) more than Bitcoin, indicating that most of the market's losses remain concentrated in other assets. Currently, Bitcoin is still 43.26% below its ATH. At first glance, this figure seems like a reminder of an incomplete recovery process. However,

TapChiBitcoin32m ago

MetaPlanet Launches Metaplanet Card with 1.6% BTC Cashback Offer

Metaplanet, Asia's largest Bitcoin holder, is launching the "Metaplanet Card," offering 1.6% Bitcoin cashback on transactions. This move enhances daily spending opportunities while boosting shareholder value, leading to a notable rise in their stock.

TapChiBitcoin59m ago
Comment
0/400
No comments