Crypto Whales Accumulate 4,884 Tether Gold (XAUT) Worth Nearly $20 Million

Crypto whales are once again increasing their exposure to Tether Gold (XAUT).

Around 12 hours ago, London-based institutional asset manager Abraxas Capital withdrew 3,931 XAUT, valued at approximately $15.97 million, from exchanges.

The renewed accumulation extends beyond institutional investors, as whale wallet 0xD20E has also returned to buying XAUT after a three-year hiatus. Over the past three days, the wallet withdrew 953 XAUT, worth roughly $3.93 million, from Binance.

Source: Lookonchain