According to latest blockchain monitoring data released on January 29, three crypto whale addresses have been aggressively accumulating gold-backed tokens within the past 72 hours. This significant buying activity has drawn considerable attention from market observers.
Whale Activity Analysis
The transaction records reveal strategic market timing by these major holders:
- Whale address 0x6af acquired 1,253.35 tokens at $5,260 each, representing a $6.59 million investment
- Address 0x870 purchased 777.47 units at $5,145 average price, totaling $4 million
- Notably, address 0x7dc bought 667 tokens within the last 24 hours at $5,321 per unit, amounting to a $3.55 million transaction
The time distribution of trades indicates a systematic accumulation pattern, suggesting institutional confidence in the long-term value of gold-backed crypto assets.