Onchain Data Tracking Platform Onchain Lens recently detected a significant operation: a large holder has been continuously accumulating 566.8 XAUT (Gold Stablecoin) from centralized exchanges over just two days, with a total transaction value approaching $2.8 million. Even more noteworthy is that the investor's account also holds up to 11.36 million USDT, which is often seen as a "ammunition depot" for subsequent purchases.
This series of actions by the whale carries deep implications. With the ongoing accumulation of the gold stablecoin XAUT and ample stablecoin reserves, it may indicate that market participants are optimistic about gold-related assets. From on-chain data, the holdings movements of such large investors often reflect institutional or major player strategic tendencies, hinting at possible further accumulation plans.
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.
Onchain Data Tracking Platform Onchain Lens recently detected a significant operation: a large holder has been continuously accumulating 566.8 XAUT (Gold Stablecoin) from centralized exchanges over just two days, with a total transaction value approaching $2.8 million. Even more noteworthy is that the investor's account also holds up to 11.36 million USDT, which is often seen as a "ammunition depot" for subsequent purchases.
This series of actions by the whale carries deep implications. With the ongoing accumulation of the gold stablecoin XAUT and ample stablecoin reserves, it may indicate that market participants are optimistic about gold-related assets. From on-chain data, the holdings movements of such large investors often reflect institutional or major player strategic tendencies, hinting at possible further accumulation plans.