Δημοσίευση
Trading Insight_News
·
--
$XAU Whale Address Accumulates 2000 XAUT Worth 10.4 Million USD Via NEAR Intents
A large scale asset conversion move was recently detected on chain as a whale decided to shift from Ethereum to digital gold over the past few days.
{future}(XAUUSDT)
{future}(NEARUSDT)
🔸 Over the last 4 days a wallet address starting with 0x83C0 executed cross chain transactions for a significant asset volume of 5263 ETH.
🔸 The entire amount of ETH equivalent to approximately 10.4 million USD was converted through the $NEAR Intents protocol to acquire 2000 XAUT tokens also known as Tether Gold.
🔸 The whale decision to exit ETH positions in favor of gold backed assets suggests a growing trend of seeking safe havens as large investors become increasingly cautious with cryptocurrency market volatility.
With a whale spending over 10 million USD to hoard XAUT digital gold do trader friends evaluate this as a personal defensive move or an early warning signal for a decline in top Altcoins?
News is for reference, not investment advice. Please read carefully before making a decision.
A large scale asset conversion move was recently detected on chain as a whale decided to shift from Ethereum to digital gold over the past few days.
{future}(XAUUSDT)
{future}(NEARUSDT)
🔸 Over the last 4 days a wallet address starting with 0x83C0 executed cross chain transactions for a significant asset volume of 5263 ETH.
🔸 The entire amount of ETH equivalent to approximately 10.4 million USD was converted through the $NEAR Intents protocol to acquire 2000 XAUT tokens also known as Tether Gold.
🔸 The whale decision to exit ETH positions in favor of gold backed assets suggests a growing trend of seeking safe havens as large investors become increasingly cautious with cryptocurrency market volatility.
With a whale spending over 10 million USD to hoard XAUT digital gold do trader friends evaluate this as a personal defensive move or an early warning signal for a decline in top Altcoins?
News is for reference, not investment advice. Please read carefully before making a decision.
Αποποίηση ευθυνών: Περιλαμβάνει γνώμες τρίτων. Δεν είναι οικονομική συμβουλή. Ενδέχεται να περιλαμβάνει χορηγούμενο περιεχόμενο. Δείτε τους Όρους και προϋποθέσεις.