BlockBeats News, February 11 — According to Coinbob’s popular address monitoring, the on-chain largest bearish whale “On-Chain Stock Investor” (0xfc66…) has recently taken short positions in various on-chain stocks and commodities worth approximately $80 million, and an additional approximately $40 million in cryptocurrencies such as ETH and SOL. Currently, this address has realized a profit of about $12.7 million this month.
In the past few days, this address has continued to increase its short positions in PAXG (on-chain gold), with holdings rising from $24.9 million to $30.3 million; its short position in GOLD (gold mapping contract) remains around $10.5 million. Notably, the whale has also established a total short position of approximately $36 million in the ETH/SOL exchange rate by shorting ETH and going long on SOL simultaneously. This position has now generated significant unrealized gains. Its current main holdings are as follows:
5x PAXG (on-chain gold): approximately $30.3 million, average price $4,974, unrealized loss about $520,000;
20x ETH: approximately $18.8 million, average price $2,043, unrealized profit about $270,000;
20x SOL: approximately $18 million, average price $80.6, unrealized profit about $610,000;
5x GOLD (gold mapping contract): approximately $10.5 million, average price $4,858, unrealized loss about $410,000;
It is reported that this address has previously focused on on-chain derivatives trading of crypto assets, and since January 8 this year, has been continuously reducing high-leverage short positions in ETH, BTC, and SOL; gradually increasing its holdings in on-chain stocks, with its on-chain stock positions accumulating nearly $80 million in January, and recently reallocating some funds back into the crypto market.
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
Bitcoin and Ethereum ETFs See Positive Inflows, Solana ETFs Record Outflows on April 10
Gate News message, according to the April 10 update, Bitcoin ETFs recorded a 1-day net flow of +4,614 BTC (+$334.63M) and a 7-day net flow of +7,358 BTC (+$533.62M). Ethereum ETFs showed a 1-day net flow of +23,039 ETH (+$51.38M) and a 7-day net flow of +15,349 ETH (+$34.23M). Solana ETFs experience
GateNews20m ago
ETH Breaks Above 2250 USDT
Gate News bot message, Gate market display, ETH breaks through 2250 USDT, current price is 2250 USDT.
CryptoRadar20m ago
ETH 15-minute jump of 0.62%: spot and on-chain funds in sync driving price moves
2026-04-10 11:00 to 2026-04-10 11:15 (UTC), the ETH price saw a clear intraday surge, with a 15-minute return of +0.62%. The candlestick price range was 2197.27 to 2212.8 USDT, with a swing of 0.71%. During this period, trading activity increased significantly, market attention rose, and volatility intensified.
The main drivers behind this sudden move are a simultaneous rise in spot trading volume and the total value of on-chain transfers. In the first 10 minutes, spot trading volume was about $420,000, significantly higher than the average over the previous hour, confirming a more noticeable
GateNews3h ago
Ethereum Foundation Converts 5,000 ETH to Fund Operations
The Ethereum Foundation has begun converting 5,000 ETH into stablecoins to support operations and grants, using Cowswap’s TWAP mechanism. The move reflects a broader shift away from routine ETH sales toward diversified funding strategies.
Key Takeaways:
Ethereum Foundation sold 5,000 ETH, worth a
Coinpedia4h ago
Claude code leak sparks an LLM crisis, hackers have stolen researchers’ ETH
Security research reveals that in the LLM agent ecosystem, over 20% of free API routers actively inject malicious code, leading to asset theft and credential crises. In addition, the Claude code-leak incident has enabled attackers to spread malware by exploiting developers’ curiosity. The research team proposes a three-layer defense mechanism to address supply-chain security risks.
MarketWhisper7h ago
