A newly created cryptocurrency wallet, identified as 0x5356, has bridged 5,424 ETH, valued at approximately $10.64 million, through NEAR Intents with the aim of purchasing gold. To date, the wallet has utilized 800 ETH, equivalent to $1.57 million, to acquire 311 PAXG tokens, which are backed by physical gold.
New Wallet Bridges $10.64M in ETH to Acquire Gold
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