BlockBeats News, January 19 — According to Coinbob Hot Address Monitoring, over the past hour, the “On-Chain Stock Investor” whale (0xfc66…) has continued to reduce its BTC short positions for profit-taking. So far, it has reduced approximately $1.18 million, and as of press time, it is still decreasing its holdings. After this operation, the total value of the address’s BTC short positions remains at $8,755,900, with an unrealized profit of about $334,000. Its total assets in the contract account currently amount to $67.28 million.
While reducing its crypto short positions, the address has shifted funds into on-chain stocks and gold assets. Among them, it has continued to increase its holdings in several on-chain stock assets, including the S&P 500, Tesla, and MicroStrategy. The related holdings have increased from $4 million last week to the current $10.25 million. Additionally, the address has opened a new PAXG (gold) short position, with a position size of $14.1 million at an average price of $4,532. Currently, its total on-chain stock and gold-related holdings amount to approximately $24.35 million.
The total assets of this address exceed $67.2 million. Its recent operational strategy has shown a clear shift: since January 8 this year, it has been continuously reducing high-leverage short positions in ETH, BTC, and SOL, with overall holdings shrinking by about 50%. At the same time, it has gradually increased its holdings in on-chain stocks and gold assets, now becoming the largest on-chain gold short position.
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
Major CEX and DEX funding rates fully turned negative, BTC down 1.93%, ETH down 2.18%
On March 22, Bitcoin reported $69,275.33, down 1.93% in 24 hours; Ethereum reported $2,103.95, down 2.18%. The market is broadly bearish, with shorts dominating. Funding rates are universally negative, indicating that shorts need to pay fees to longs.
GateNews20m ago
Polymarket predicts that the probability of Bitcoin falling to $65,000 in March has increased to 49%.
Gate News, on March 22, as Bitcoin briefly dropped below $69,000, the prediction probability of "Bitcoin falls to $65,000 in March" on the Polymarket prediction market rose to 49%. Additionally, the probability of predicting Bitcoin falling to $60,000 is 16%, and the probability of predicting it rising to $80,000 is 12%.
GateNews56m ago
Bitcoin Options Signal Concern Even as ETF Outflows Remain Relatively Low
Bitcoin price (BTC) maintained a sideways trend around the 70,000 USD level during Friday's trading session, after failing to reclaim the previous 75,000 USD milestone. This movement coincides with two consecutive sessions recording net capital outflows from U.S. spot Bitcoin ETF funds, thereby reversing the trend.
TapChiBitcoin1h ago
Bitcoin Mining Difficulty Adjusts Down 7.76% to 133.79T, Creating Second-Largest Decline This Year
Bitcoin mining difficulty declined by 7.76% to 133.79 T on March 21, marking the second-largest drop this year. JPMorgan Chase analysts forecast that Bitcoin mining costs have fallen to $77,000, still above spot prices. An increasing number of mining companies are redirecting infrastructure toward AI computing power. Core Scientific plans to sell its Bitcoin holdings in 2026 to fund AI expansion, while Bitdeer has liquidated its Bitcoin position. Multiple companies are formulating diversification strategies.
GateNews1h ago
Why JPMorgan's $266K Bitcoin Target Makes Sense as Institutional Demand Strengthens, Expert Insight
JPMorgan’s $266,000 bitcoin projection is being interpreted as a strategic signal to institutions, revealing how bank-grade research is shaping allocation behavior rather than simply forecasting price direction.
JPMorgan’s $266K Bitcoin Target Holds up Under Expert Market Scrutiny
Market
Coinpedia1h ago
