Spot gold breaks through $4700, setting a new historical high, and the 'largest long position in gold on the chain' gains expand to $500000 According to BlockBeats news, on January 20th, according to Coinbob's popular address monitoring, due to the continuous rise of gold in recent days, which broke through $4700 and set a new historical high today, the whales that long PAXG (on chain gold) on Hyperliquid all recorded significant floating profits. Among them, the "largest long on chain gold" giant whale opened a 5-fold leverage PAXG long order on January 2nd, chasing the high, with an average position price of $4415 and a size of about $7.12 million. Currently, it has a floating profit of $500000 (about 27%) and is the largest long on chain PAXG. In addition, PAXG's second largest long, the "heavy position betting on precious metals" giant whale (0x271), followed suit and opened a position on January 5th, simultaneously long PAXG and GOLD (gold mapping contract) with a leverage of 10 times. The current total position size of the two is about 4.7 million US dollars, with a floating profit of about 280000 US dollars (50%).