The largest on-chain gold bull completely closed PAXG long positions at an average price of $4865, having opened positions at around $4415

According to Coinbob's popular address monitoring, influenced by the decline in the price of gold per ounce, the "largest on-chain gold bull" whale on Hyperliquid completely closed its 5x leveraged PAXG long position, recording a profit of $675,000 on a total position size of approximately $7.3 million, with an average price of $4,415.

After closing the position, the address increased its holdings in XYZ100 and COPPER long positions. The current position details are as follows: 10x leveraged XYZ100 (Nasdaq 100 index mapped contract) long position, with the position size increasing from $14.8 million yesterday to $20.56 million, currently showing an unrealized loss of $36,000, with an average price of $25,443; 10x leveraged COPPER (copper futures mapped contract) long position, with the position size increasing from $5.84 million yesterday to $11.6 million, showing an unrealized loss of $176,000, with an average price of $5.895.

The total account balance of this address exceeds $5 million, currently focusing on trading U.S. stock tokens and on-chain precious metals. It is now one of the addresses with the largest value in on-chain PAXG and COPPER holdings, with a total position size reaching $38.8 million. It also holds some small U.S. stock tokens.