"On-chain part-time stock trader" shorts on-chain gold, holding $13 million.

PANews reported on January 13th that, according to Coinbob monitoring, a whale address (0xfc66), known as an "on-chain part-time stock trader," has significantly increased its short positions in on-chain gold (PAXG) with 5x leverage and is still adding to its positions, making it the largest short seller of PAXG. This address has also recently established 18 short positions in stocks on Hyperliquid, with the largest positions concentrated in ORCL (Oracle), PLTR (Palantir), and AMZN (Amazon). Its current main holdings are:

• PAXG (on-chain gold) short position: open interest of approximately $13 million, average price of $4,517, unrealized loss of approximately 1.8%;
• XRP short position: Open interest of approximately $13 million, average price of $2.056, unrealized profit of approximately 1.5%;
• HYPE short positions: open interest of approximately $5.87 million, average price of $24.38, unrealized profit of approximately 9.0%;

It is reported that this address had previously focused on on-chain contract operations for crypto assets, but since January 8th of this year, it has been continuously reducing its 20x leveraged short positions in ETH, BTC, and SOL, decreasing its holdings from $45.6 million to $17.6 million. Currently, its total on-chain equity positions are approximately $4 million. The total holdings of this address have reached $53.2 million.