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<h3>Fireline Report</h3>
<p>PAXG, a token pegged to physical gold, saw its contract price plummet to $4,800 in the early morning hours, an 8% premium, with simultaneous, exceptional trading across multiple platforms. A whale, who had accumulated $12.02 million in assets over three weeks, recently deposited funds on Binance, generating a profit of over $1.14 million.</p>
<h3>Trading Guide</h3>
<p>After the flash crash of PAXG, short-term aggressive traders can short near the low point of 10/11, set the stop loss at the previous high, enter and exit quickly, and keep the position no more than 20%. Liquidity risk is exacerbated, and a conservative style prefers physical gold or bank gold passbooks<span class="source"><a href="fx://followin.io/Feed?id=20852061"><img src="https://static.fwimg.io/img/user/ec6e020af855b645d8e9533881cda31a.jpg" width="20" height="20" /></a></span>.</p>
<p style="margin-top: 20px; text-align: center; opacity: 0.4;"><small>Updated at 10-18 00:22</small><br><small>AI-generated summary, not investment advice</small></p></div>