The largest long position in on-chain gold PAXG has expanded its unrealized profit to $710,000.

On January 26, driven by the rebound of gold prices to $5,100 per ounce, PAXG (on-chain gold) whales on Hyperliquid generally saw floating profits. Among them, the largest long whale address of on-chain gold PAXG, 0xfd6, expanded its floating profit on a 5x leveraged PAXG long position to $710,000, with a return rate of about 96%. The current position size is about $3.71 million, with an average price of $4,126. This whale placed a take-profit order on November 1 last year, with a bullish target of $8,850. The long position was opened on October 22 last year, and the account currently holds only the on-chain gold token PAXG.