The smart money that shorted BTC and earned $5.16 million during the LUNA/UST crash has spent $12.01 million to purchase 2,879 XAUt.
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that the smart money, which earned $5.16 million by shorting BTC during the LUNA/UST crash, spent $12.01 million in the past 8 hours to purchase 2,879 XAUt (Tether Gold) at an average price of $4,168. XAUt is pegged 1:1 to physical gold and has risen 15% in the past month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NEXA EXWORTH project token $NEXA will be listed on exchanges on October 15.
An address withdrew 10 million USDC from an exchange and went long on ETH.
Global X: The Federal Reserve may cut interest rates in October and December
Trending news
MoreCrypto prices
More
