Whales Make Moves: Over $14.33 Million Worth of Gold Tokens Withdrawn from Exchanges

Whale Activity Highlights Growing Interest in Gold Tokens

Blockchain monitoring has revealed significant movements of gold-backed tokens across multiple wallets recently.

Notably, a wallet with address 0xbe4C withdrew 1,959 XAUT tokens from Bybit and Gate.io exchanges, representing nearly $9.97 million in assets based on current valuations.

Multi-Exchange Token Transfers Observed

Data also shows address 0x0F67 removed 559 XAUT tokens worth $2.83 million from MEXC platform.

• Wallet 0x1b7D withdrew 194.4 XAUT tokens
• Same address also took 106.2 PAXG tokens
• Total value of both transfers reached $1.53 million

The substantial withdrawals indicate continued institutional interest in blockchain-based gold assets. Analysts suggest such coordinated movements might signal strategic portfolio adjustments or changing market positioning by major holders.