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05:18
The largest on-chain gold token short seller is facing an unrealized loss of $320,000 on their gold short position.
BlockBeats News, January 14, according to monitoring by Hyperinsight, the "largest on-chain gold token short seller" trader is currently shorting 2,846.19 PAX Gold (PAXG) tokens with 5x leverage, with an average entry price of $4,525.95, and is currently facing an unrealized loss of $320,000. This address also went long on 7.71 BTC today with 20x leverage at an average price of $94,489.2, currently showing a small unrealized profit.
05:18
South Korea's KB Financial Applies for Stablecoin-Linked Credit Card Payment Patent
BlockBeats News, January 14th - KB National Card, a subsidiary of South Korea's largest financial group KB Financial Group, has applied for a patent for innovative payment technology, allowing users to make payments with a stablecoin using their existing credit card. This hybrid payment system links the user's blockchain wallet to their credit card, prioritizing the use of the stablecoin in the wallet for payments and automatically supplementing any insufficient balance with the credit card. KB Financial Group stated that this technology preserves the existing card payment infrastructure and user experience while lowering the barrier to entry for digital asset payments, promoting the mainstream adoption of stablecoins in finance.
05:11
An Whale Investor Shorts BTC and ETH, Facing Over $6.37 Million in Unrealized Losses
BlockBeats News, January 14th, according to LookIntoChain monitoring, Whale "0x218A" deposited 4.8 million USDC into Hyperliquid as additional collateral, with a 10x leveraged short position on BTC and ETH. The current unrealized loss of the position exceeds $6.37 million.
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