The big whale shifts to buying gold instead of crypto

StablecoinGuardian · 2026-01-30T05:05:24+00:00

A large whale, identified by wallet 0x6B99, recently shifted investments from cryptocurrencies to physical assets by purchasing 481.6 XAUT, reflecting a trend among investors seeking stability amid market volatility.

StablecoinGuardian

2026-01-30 05:05:24

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Recently, a large whale with the wallet address 0x6B99 made an interesting move – shifting to invest in physical assets instead of cryptocurrencies. This move reflects a new trend among major investors as the market continues to fluctuate.

XAUT Trading on Hyperliquid

Recently, the whale 0x6B99 deposited 1.53 million USDC into the Hyperliquid exchange to execute an investment plan. With this amount, he purchased 481.6 XAUT, equivalent to 2.38 million USD. Notably, the investor also reserved 1.44 million USDC, indicating that this strategy may continue with additional purchases later.

The Significance of Moving to Virtual Gold

Choosing XAUT—a token representing gold issued by Tether—shows that this whale is seeking less volatile assets. In the context of the often fluctuating cryptocurrency market, holding virtual gold is a way for large investors to protect and diversify their portfolios. This whale’s move could be a sign of a trend toward seeking safety and stable value in traditional assets through blockchain technology.

XAUT-7,68%

USDC0,03%

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