Odaily Planet Daily reports, according to Arkham monitoring, Antalpha purchased $241 million worth of XAUT at an average price of $3,693, equivalent to over 1.8 metric tons of gold bars. Antalpha has now realized over $100 million in profits from this investment and has just transferred $15 million worth of XAUT to Cobo.
Antalpha transfers $15M XAUT to Cobo after over $100M in profits
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Summary
According to Odaily, Antalpha has transferred $15 million in XAUT to Cobo. Arkham data indicates the firm purchased XAUT at an average price of $3,693, locking in over $241 million in value—equivalent to 1.8 tons of gold. The trade has generated more than $100 million in profit. As altcoins to watch gain momentum, XAUT’s performance could influence cryptocurrency price movements in the short term.
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