OpenCoin🕊️|Dec 29, 2025 07:16
Massive divergence in gold RWA! Whales chasing at $4550, while Tether deposits $130M?
As gold prices hit new highs, the on-chain battle over gold tokens (PAXG/XAUT) is heating up. On one side, big players are panic-buying, while on the other, Tether Treasury is making large transfers:
Bullish camp (FOMO Chasers):
1️⃣ On-chain buying spree: A whale spent $781K on Uniswap to purchase 172 PAXG tokens at an average price of $4,527.
2️⃣ Exchange withdrawals: Another big player withdrew 220 PAXG tokens (worth about $1M) from Binance, with a cost as high as $4,555.
Supply/Selling pressure (Tether Treasury):
3️⃣ Official moves: Tether Treasury deposited 30,000 XAUT tokens to Bitfinex, valued at $135M. (Note: 10,000 of these were later transferred to a cold wallet, but 20,000 tokens remain active).
Whales are buying, and Tether is depositing.
Is Tether preparing to dump, or is it gearing up to meet larger buying demand?
If you think gold can still hit $5000, give it a like!
Address in the comments.
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