When volume in XAUT and $PAXG suddenly jumps 100โ200%, itโs not retail hype โ itโs smart money rotating.
Retail doesnโt randomly trade tokenized gold; desks and funds do this when risk is being reduced, not exited.
Capital is staying on-chain, parked safely instead of going back to banks.
Tokenized gold works like a โpause assetโ โ liquid, low slippage, and easy to rotate back into crypto.
These volume spikes usually signal a transition, not a long-term trend.
When gold volume cools down, thatโs often when $BTC BTC and strong alts start moving.

PAXGUSDT
Perp
5,166.48
-7.24%

BTCUSDT
Perp
82,877.3
-5.74%