A previously inactive cryptocurrency address, 0x278…3a7f6, has re-emerged to execute a profitable trade involving Tether Gold (XAUT). The address, dormant for four to five years, reportedly liquidated 1,500 XAUT tokens valued at $7.7 million, which were withdrawn from OKX two weeks ago at a price of $4,858.97 each. With the current price at $5,135, the sale could yield a profit of $414,000. At its peak, the trade had an unrealized gain of $900,000. This move comes after a previous XAUT trade resulted in a $208,000 loss last month, marking a significant recovery for the address.
Dormant Crypto Address Profits $414,000 from XAUT Trade
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