A whale or institutional investor, previously incurring a $13.73 million loss in Ethereum trading, has shifted its strategy by investing in gold-backed tokens. On-chain analyst Yujin reports that the entity used 9.95 million USDT to purchase 2,251 XAUt tokens at an average price of $4,420 each. This move marks a significant pivot from its earlier Ethereum trading activities.
Whale Shifts Strategy, Acquires 2,251 XAUt Tokens for $9.95M
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