Whale Dumps Full Position in XAUT Amid Rising Market Volatility
A major crypto holder recently liquidated a large position within seven hours, sending ripples through the XAUT market. On-chain tracking reveals the full exit was executed at an average price of $5,119 per token.
The sale, amounting to $14.7 million in stablecoins, involved all 2,879 tokens previously held, marking a decisive shift in the investor’s strategy.
Strategic Exit Yields $2.72 Million Profit
Records indicate the position was established five months ago at a total cost of $12.02 million. This well-timed exit locks in a net gain of $2.72 million—representing a return of nearly 22.6%.
- Purchase Time: 5 months ago
- Total Entry Cost: $12.02 million
- Average Exit Price: $5,119 per XAUT
- Total Proceeds: $14.7 million in USDT
- Realized Profit: $2.72 million
The move comes as asset-backed digital tokens regain investor interest, prompting speculation about potential market corrections and sentiment shifts in the near term.