Mysterious Whale Sparks Attention with 2500 PAXG Dump Over Three Weeks

Whale Sells Record Amount of PAXG

Blockchain analytics platforms have detected significant PAXG transactions from a well-known whale address. Over the past three weeks, 2,503 PAXG tokens worth approximately $12.89 million have been sold, averaging over 100 tokens per day based on chronological calculations.

Single-Day Liquidation Surpasses $3M USDT

Latest monitoring data shows 601 PAXG tokens were sold within 24 hours, generating 3 million USDT and 2.28 ETH worth about $4,680 at current exchange rates. Transactions were valued between $58,000-$60,000 each with consistent pricing around $5,150 per token.

• Transaction sizes ranged between $58,000-$60,000 per trade
• Average execution price remained stable at $5,150
• Selling pattern shows gradual rather than panic liquidation

Market Impact Assessment

While attracting community discussion, these transactions haven't significantly affected PAXG market prices. Blockchain security experts recommend monitoring large on-chain transfers to track institutional-grade capital movements.