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「On-chain Shareholder」 Takes Profit on BTC Short and Accelerates On-chain Equities and Gold Strategy, Related Position Now at $24.3M

「On-chain Shareholder」 Takes Profit on BTC Short and Accelerates On-chain Equities and Gold Strategy, Related Position Now at $24.3M

BlockBeatsBlockBeats2026/01/19 08:07

BlockBeats News, January 19, according to Coinbob Popular Address Monitoring, in the past hour, the "On-chain Stock Market" whale (0xfc66...) has continued to reduce its BTC short position to take profit, having now cumulatively reduced its position by about $1.18 million. As of the time of writing, it is still in the process of reducing its position. After this operation, the total value of BTC short positions held by this address still amounts to $8.7559 million, with a floating profit of about $0.334 million, and its total assets in the futures account currently amount to $67.28 million.


While reducing its crypto short positions, the address has been reallocating funds to on-chain stocks and gold assets. Among them, it has been consistently increasing its exposure to several on-chain stock assets, including the S&P 500, Tesla, and MicroStrategy, with the related positions growing from $4 million last week to the current $10.25 million. In addition, the address has also opened a short position in PAXG (gold), with a position size reaching $14.1 million at an average price of $4,532. Currently, its total holdings of on-chain stocks and gold amount to about $24.35 million.


The total asset size of this address exceeds $67.2 million. Its recent operational strategy has undergone a significant shift: starting from January 8 this year, it has been continuously reducing its highly leveraged ETH, BTC, and SOL shorts, with the overall position size reduced by about 50%; at the same time, it has been gradually increasing its holdings of on-chain stocks and gold assets, now being the largest on-chain gold short position.

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