On chain gold's largest bear, 'on chain investor', turned losses into profits from gold short positions, with a monthly profit of $15.4 million According to BlockBeats news, on February 17th, according to Coinbob's popular address monitoring, the largest bear whale in on chain gold, the "on chain stock investor" (0xfc66...), recently adjusted its position and closed approximately $17 million in US stock storage related short positions, while continuing to increase its holdings of gold related short positions. The total size of its PAXG and xyz.GOLD short positions has reached 44 million US dollars. Affected by the short-term drop of spot gold below $4900 per ounce today, the short position of gold at this address has completely shifted from floating losses to profits. By laying out short positions in stocks, precious metals, and building positions in cryptocurrencies, the whale has accumulated a profit of $15.4 million this month. The current main holdings are as follows: 5x PAXG (on chain gold) short position: Position size of approximately 28.16 million US dollars, average price of 4979 US dollars, floating profit of approximately 320000 US dollars; 6x XYZ100 Multiple Orders: Position size of approximately $19.3 million, average price of $24567, floating loss of approximately $40000; 5x GOLD (Gold Mapping Contract) short position: Position size of approximately $16.4 million, average price of $4920, floating profit of approximately $670; 20x SOL multiple orders: Position size of approximately $14 million, average price of $84.3, floating profit of approximately $100000; It is reported that the address has been focusing on contract operations on the cryptocurrency asset chain, and has been continuously reducing its holdings of high leverage ETH, BTC, and SOL short positions since January 8th this year; Gradually increasing its holdings in on chain stocks, its on chain stock position has accumulated nearly $80 million in holdings within a month, with a total holding size of $117 million.