A whale's recent actions have attracted attention. According to on-chain data, this large holder bought approximately $8.5 million worth of XAUt (gold stablecoin) today, which is another move after already investing $30 million in BTC two months ago.

From the detailed holdings, this address purchased 264.8 WBTC at an average price of about $113,262 in late October, currently with an unrealized loss of approximately $5.7 million. Meanwhile, since early October, this address has cumulatively invested about $12.42 million in XAUt, totaling 2,371.4 tokens.

Interestingly, this whale has not cut losses on its BTC position; instead, it continued to add to its gold stablecoin holdings despite the unrealized losses. This strategy of simultaneously deploying digital assets and physical assets seems to imply a medium- to long-term outlook on risk assets and a demand for stable value storage.