I see that a whale just made a big move into PAXG. They recently took a long position of one million dollars, buying 214 units at a price of $4,628 each. The interesting part is that they used 10x leverage for this entry, so they are playing quite aggressively. According to monitoring data, the position is already in small profits. The gold price is now at $4.69K, so the movement has been positive. When you see big players entering with such leverage, it usually means they see something we haven't seen yet.

PAXG-1.2%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin