Venice founder Erik Voorhees purchases 2,834 XAUT and 2,019 PAXG for $23.76M

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Venice founder Erik Voorhees has purchased 2,834 XAUT and 2,019 PAXG for $23.76 million, as the Fear & Greed Index shows mixed signals. Since January 31, he has created 28 new addresses, paying an average of $4,896 per unit. This move adds to the growing list of altcoins to watch as tokenized gold gains momentum. Lookonchain tracked the transactions, confirming the total expenditure.

ChainCatcher report, according to Lookonchain monitoring, Erik Voorhees, an early Bitcoin supporter and founder of the Base chain AI project Venice, has purchased tokenized gold again after a month-long break. Since January 31 of this year, he has created 28 new addresses and spent $23.76 million to buy 2,834 XAUT and 2,019 PAXG tokens, at an average price of $4,896.

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