PAXG: Whale Deposits 1000 Tokens on Binance at $1.06M Loss
PAXG whale deposits 1000 tokens worth $4.05M on Binance after $5.1M withdrawal three months ago, realizing $1.06M loss at current $4072.48 price.
SourceAnalysis
A whale deposited 1,000 PAXG ($4.05M) into Binance, booking a $1.06M loss after withdrawing the same holdings for $5.1M three months earlier. PAXG now trades at $4072.48 inside a bearish structure with price pinned just below the EMA50 at $4073.67 and well under the EMA200 resistance at $4238.17. Momentum sits neutral on RSI(14) at 54.57 while the MACD registers a bullish golden cross at -14.98; price remains contained within the Bollinger bands, testing toward upper resistance at $4196.06 before any move to lower support at $3917.53. This on-chain flow arrives amid ongoing PAXG price prediction scrutiny and broader Binance PAXG flows tracking, highlighting how large holders continue to crystallize losses in the current gold-backed crypto holdings environment.
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