$ETH Gold Whale Offloads $12.9M in PAXG 🐳
The whale “samurai.eth” has continued aggressively selling $PAXG (tokenized gold), executing major exits over the past 24 hours.
In the latest transactions, the wallet sold 601 $PAXG, receiving 3M $USDT and 2.28 $ETH (~$4,680) in return. The swaps were routed through settlement protocols and liquidity proxies, signaling structured execution.
Zooming out, over the past 3 weeks, samurai.eth has offloaded a total of 2,503 $PAXG for $12.89M, at an average price of approximately $5,150 per PAXG.
The wallet address involved: 0xde6b2a06407575b98724818445178c1f5fd53361 — with a clear pattern of sustained gold-backed token distribution.
Is this profit-taking at local highs for tokenized gold — or rotation into stablecoins ahead of volatility?
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