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🔥BULLISH

Crypto whale drops $7.15M USDC on tokenized gold as XAUT trades at $4,720!

A crypto whale identified by the address 0xAFa5 deployed $7.15 million in USDC to acquire 1,515.5 XAUT tokens at $4,720…

A crypto whale identified by the address 0xAFa5 deployed $7.15 million in USDC to acquire 1,515.5 XAUT tokens at $4,720 per token roughly nine hours ago. XAUT is Tether's tokenized gold product, giving holders on-chain exposure to physical gold reserves.

The scale of the single-transaction buy points to deliberate positioning rather than opportunistic accumulation — at that price and size, this is a meaningful allocation into a hard-asset proxy at a moment when gold itself is trading near all-time highs. Whale-sized moves into tokenized commodities remain relatively rare, making this one worth tracking for follow-on activity.

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Aggregated from Lookonchain · Verified · Last refreshed 3d ago
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