$XAU Gold Breaks $5K — Whale Doubles Down on Tokenized Gold 🐳
As gold surged past $5,000, a loop-borrowing whale aggressively accumulated 604.65 $XAUT, deploying roughly $3M in $USDE over the past 24 hours.
On-chain data shows repeated swaps via CoW Protocol settlements, pointing to a leveraged looping strategy rather than a simple spot purchase, as the whale continues to compound exposure to tokenized gold.
Following this accumulation, the whale now holds 10,044 $XAUT, valued at approximately $50.2M at current prices, with a floating profit of $5.07M.
This growing position underscores rising conviction in on-chain gold as macro uncertainty drives capital toward hard assets.
Is this smart leverage riding the gold breakout—or a crowded trade approaching peak risk? ⚡️
