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$PAXG The "Digital Gold" Fever, Whales Flock to Accumulate, Defense or Catching the Next Big Wave?
Smart money is seeking shelter: tokenized gold $XAU . Onchain data has just recorded a series of multi million dollar accumulation moves.
Get 30% Cashback on Transactions at Binance Wallet/Web3 Here
🔸 Two newly created wallets have just net withdrawn 986 PAXG worth $5 million USD from Binance to personal wallets, signaling an intention for long-term holding.
{future}(PAXGUSDT)
{future}(XAUUSDT)
🔸 The first wallet spent 2.42 million USDT to purchase 478 XAUT at a price of $5,065 USD, demonstrating confidence in the upward trend despite the high price zone.
🔸 After 8 months of inactivity, the second wallet suddenly deployed 1.85 million USDC to accumulate 275.2 XAUT ($1.38 million USD) and 90 PAXG ($456 thousand USD).
The shift of large capital flows towards gold pegged assets is often a signal of macro risk aversion or anticipation of upcoming high volatility.
Are you allocating capital to "Digital Gold" to hedge your portfolio?
News is for reference, not investment advice. Please read carefully before making a decision.
Smart money is seeking shelter: tokenized gold $XAU . Onchain data has just recorded a series of multi million dollar accumulation moves.
Get 30% Cashback on Transactions at Binance Wallet/Web3 Here
🔸 Two newly created wallets have just net withdrawn 986 PAXG worth $5 million USD from Binance to personal wallets, signaling an intention for long-term holding.
{future}(PAXGUSDT)
{future}(XAUUSDT)
🔸 The first wallet spent 2.42 million USDT to purchase 478 XAUT at a price of $5,065 USD, demonstrating confidence in the upward trend despite the high price zone.
🔸 After 8 months of inactivity, the second wallet suddenly deployed 1.85 million USDC to accumulate 275.2 XAUT ($1.38 million USD) and 90 PAXG ($456 thousand USD).
The shift of large capital flows towards gold pegged assets is often a signal of macro risk aversion or anticipation of upcoming high volatility.
Are you allocating capital to "Digital Gold" to hedge your portfolio?
News is for reference, not investment advice. Please read carefully before making a decision.
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.