A major wallet just made a significant move in the gold token market. Address 0x8c08 accumulated 1,948 $XAUT tokens, deploying $8.49 million at an average entry point of $4,357 per token. This substantial acquisition signals notable institutional or whale interest in the gold-backed cryptocurrency space, worth keeping an eye on for market sentiment shifts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
ProofOfNothing
· 4h ago
Wow, is the whale quietly accumulating again? Or is it about the gold coin—are they genuinely optimistic or just trying to harvest the little guys?
View OriginalReply0
SchrodingersFOMO
· 01-05 07:49
Wow, is the whale accumulating again? Does anyone still believe in XAUT?
Invested 8.5 million dollars, it seems someone is really betting on the future of gold tokens.
Big players' moves need to be followed; maybe the next wave will start.
Is this data real? It feels a bit outrageous haha.
It's the gold concept again... When will it be the turn of truly valuable projects?
View OriginalReply0
Whale_Whisperer
· 01-05 07:49
Whales are stacking gold again. Hmm, this move is quite interesting.
View OriginalReply0
StablecoinArbitrageur
· 01-05 07:32
$8.49M entry at $4,357/token... ngl the basis points on this accumulation pattern are *chef's kiss* from a risk-adjusted perspective. actually wondering if this whale's timing correlates with the CEX/DEX spread widening on XAUT pairs rn
A major wallet just made a significant move in the gold token market. Address 0x8c08 accumulated 1,948 $XAUT tokens, deploying $8.49 million at an average entry point of $4,357 per token. This substantial acquisition signals notable institutional or whale interest in the gold-backed cryptocurrency space, worth keeping an eye on for market sentiment shifts.