When fresh wallets start rotating $ETH into #GOLD , it usually says more than it shows. Sometimes the quiet trades are the loudest ones.
A freshly created wallet just enter to buy gold. It bridged 5,424 ETH around $10.6M, to buy gold. Yup, actual on-chain gold.
So far, around 800 #ETH ($1.57M) has already been spent picking up 311 $PAXG .
What’s left? Roughly 4,103 ETH still sitting there, about $8.08M, untouched for now.
Address:
0x53563b9eC34D016324d7CC41F66d7789167e8625
{spot}(PAXGUSDT)
{future}(PAXGUSDT)