Whale whales are recently making large-scale moves into XAUT, and the investment strategy is currently showing signs of activity.

SellTheBounce · 2026-02-16T09:10:42+00:00

A whale-level large holder recently invested $14.58 million to purchase 3,299 units of gold stablecoin XAUT, indicating an interest in gold assets. Despite losing $18.8 million on Ethereum, the investor chose to reallocate assets, reflecting a strategy of seeking risk hedging.

SellTheBounce

2026-02-16 09:10:42

Abstract generation in progress

According to the on-chain data monitoring platform Lookonchain, a whale-level large holder has recently initiated a new investment move. Data shows that this major whale invested $14.58 million in the past 7 hours, purchasing 3,299 units of XAUT (gold-backed stablecoin) at an average cost of $4,421. This large transaction also reflects the whale’s interest in allocating assets to gold-related assets.

Gold Stablecoin Attracts Major Investor Attention

As a stablecoin pegged to physical gold, XAUT has recently attracted significant on-chain capital. According to the latest data, the current trading price of XAUT has risen to around $4,990, which is higher than the average purchase price of the whale’s position. The investment demand for this gold-like crypto asset also demonstrates institutional investors’ exploration of alternative asset allocations.

On-Chain Whale’s Loss Dilemma

It is worth noting that this whale’s investment status on the Ethereum network is not ideal. Lookonchain’s monitoring data shows that this investor has incurred a total loss of up to $18.8 million over the past two weeks on Ethereum. Despite such losses, the whale chose to invest new funds into purchasing XAUT, possibly indicating a strategy to rebalance the portfolio and seek risk hedging. This multi-directional deployment by large holders also provides valuable reference signals for market participants.

XAUT-0,44%

ETH1,71%

View Original

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.