A major whale has recently made significant moves in the gold token sector. According to on-chain data tracking, this whale made a single purchase of $8.5 million worth of XAUt today. Looking back, since early October, this wallet has been continuously increasing its holdings, accumulating a total of $12.42 million in gold derivatives XAUt and PAXG, holding a total of 2,371.4 XAUt and 559.7 PAXG, with an average cost of $4,239 per token.
Interestingly, the timing of this strategic move is quite good. Along with the recent continuous rise in gold prices, the account has already seen a unrealized profit of $410,000. It seems this major player is quite optimistic about the future of gold tokens, actively betting on the continued upward trend of gold prices. Such large, sustained one-way positioning often reflects institutional or experienced traders' market outlook.
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HalfPositionRunner
· 01-08 00:47
The big players' move this time is really aggressive; they entered with a single order of 8.5 million. This pace is a bit outrageous.
Should we follow the trend or wait for signals? What do you all think?
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SocialAnxietyStaker
· 01-07 21:58
This whale really dares to throw, dropping $12.42 million just like that. Just looking at the numbers makes my legs weak.
The gold price this wave is truly impressive, with a floating profit of 410,000. This is the difference in playing scale, right?
Retail investors can only follow along and sip the soup; big players have already bet on the right direction...
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BrokenRugs
· 01-06 14:06
Wow, this whale is really betting on the gold price to keep soaring, throwing in 8.5 million at once, such a big risk-taker.
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BloodInStreets
· 01-06 00:50
8.5 million dollars for a single bet? Is this guy really a gold believer, or does he think gold tokens are his true value zone...
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GasWhisperer
· 01-05 01:48
ngl, this whale's entry timing is giving oracle energy... 12.4M deployed across gold tokens since early october? that's not accumulation, that's *conviction*. the gwei patterns around these buys must be absolutely delicious to analyze tbh.
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ForkThisDAO
· 01-05 01:45
Big Fish is starting to stockpile gold again. This pace really seems to indicate strong confidence in the future market.
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FlashLoanPhantom
· 01-05 01:44
Whales are starting to accumulate again, with over $12 million entering the market. Is this the rhythm... Is gold really about to take off?
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MetaverseVagabond
· 01-05 01:42
Whales are starting to accumulate gold again. This pace looks really confident... Throwing over 12 million without blinking, how much do they really believe in this?
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ChainComedian
· 01-05 01:41
Whale's move... A single purchase of 8.5 million, really using money to send a signal.
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StableCoinKaren
· 01-05 01:36
Whales are playing with coins, so retail investors need to keep up.
A major whale has recently made significant moves in the gold token sector. According to on-chain data tracking, this whale made a single purchase of $8.5 million worth of XAUt today. Looking back, since early October, this wallet has been continuously increasing its holdings, accumulating a total of $12.42 million in gold derivatives XAUt and PAXG, holding a total of 2,371.4 XAUt and 559.7 PAXG, with an average cost of $4,239 per token.
Interestingly, the timing of this strategic move is quite good. Along with the recent continuous rise in gold prices, the account has already seen a unrealized profit of $410,000. It seems this major player is quite optimistic about the future of gold tokens, actively betting on the continued upward trend of gold prices. Such large, sustained one-way positioning often reflects institutional or experienced traders' market outlook.