PAXG: Whale Sells 1000 Tokens at $1.06M Loss

PAXG whale address 0x45804880de22913dafe09f4980848ece6ecbaf78 just transferred 1000 tokens worth $4.04 million into Binance, locking in a $1.06 million loss after buying at the February-March peak of $5103.

The position was accumulated when PAXG traded near its local high; the same tokens now fetch only $4072.48, producing a 21 percent drawdown in under four months.

Price action on the 4h chart shows a bearish trend with price sitting just below the EMA50 at $4073.67 while the EMA200 at $4238.17 caps any recovery; the MACD golden cross at -14.98 offers limited bullish momentum yet RSI at 54.57 remains neutral, suggesting the next move hinges on whether price can hold the lower Bollinger band support at $3917.53 before testing upper resistance at $4196.06.