Crypto Whale Gets Tired, Switches to Accumulating 7.3 Million Gold Dollars in 4 Days. Will the dream of gold 6k come true?

XAUUSDT

Perp

5,170.18

+2.59%

Amidst the fiery crypto market, a whale is quietly shifting capital to accumulate XAUT.

🔷 This whale has just made another large purchase on the exchange:

Volume: 602.49 XAUT valued at 3.05 Million USD.

🔶 This is not a random action.

Data shows that in the past 4 days, this wallet has continuously accumulated despite gold prices being at peak levels:

Total purchases: 1,469.29 XAUT. Total value amounts to 7.33 Million USD.

The fact that whales are shifting to hold $XAU instead of stablecoins or other coins indicates a rising defensive trend.

They want to own gold to weather the storm but still want to maintain liquidity in the blockchain environment to be ready to catch the bottom when the opportunity arises.