Whale Invests $5.6M in XAUT, Bets on Precious Metals and Shorts Nvidia

According to blockchain tracking platform data released on January 29, a major whale address executed a new round of strategic trading. The wallet demonstrated differentiated market views across precious metals and technology equities through multiple significant on-chain transactions.

Key Transaction Details

• Purchased 1,066 XAUT at average price of $5,261, totaling $5.6 million in USDC
• Deposited $3.5 million USDC into Hyperliquid for derivatives trading
• Established precious metals long positions: 53,528 SILVER contracts (~$6.48M) and 158.36 GOLD contracts (~$876K)
• Simultaneously shorted 4,229 shares of NVDA stock (~$809K value)

Notably, this whale account maintains consistent market activity, with its portfolio demonstrating institutional-grade cross-market hedging strategies. The cross-chain trading approach suggests sophisticated investors are integrating crypto assets into traditional investment frameworks.

Full blockchain address: 0x8709...def7cAC54