Arkham data shows the company’s gold position shrank to $138.77 million from a $329.86 million January peak after roughly $142.28 million of sales.
Antalpha has given back more than $50 million in profit and loss on its gold position since buying the metal a year ago, Arkham data shows, as gold fell below $4,000 per ounce. The company now holds $138.77 million in gold, down from a peak of $329.86 million in January, after selling about $142.28 million. The figures point to a sharp reduction in exposure as losses mounted and prices retreated from earlier highs.