According to chain data analysis, a whale address has recently chosen to chase gains in gold tokens as gold prices surged to new highs. The address acquired 3,983.6 XAUt tokens for $20.23 million, with an average price of $5,080 per token.
Combined with earlier purchases made at around $4,400 per XAUt in early month, the address now holds 7,369 XAUt tokens, with a total value of approximately $37.03 million. The average cost basis stands at $4,780 per token, generating unrealized gains of $1.83 million.
In addition, the address has been accumulating ETH over the past few days, spending $25.35 million to acquire 8,547 ETH tokens at an average price of $2,966 per ETH.
The whale's investment strategy clearly reflects a dual allocation approach toward both gold-backed tokens and Ethereum, with total investments exceeding $45 million.