Whale Sells 1,870 XAUT for $11M Loss

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Whale activity saw a major XAUT sell-off as a whale transferred 1,870 tokens at $4,489 each, incurring an $11 million loss. The tokens were purchased two weeks ago at $5,075. Whale movements in the gold-backed token space remain a key indicator for traders.

Odaily Planet Daily reports, according to Lookonchain monitoring, a whale sold 1,870 XAUT at an average price of $4,489 nine hours ago. These XAUT were purchased two weeks ago at $5,075, resulting in a loss of approximately $1.1 million from this transaction.

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