The on-chain gold whale received the tokens from Cobo over months of steady buying, including a latest 1,000 XAUT transfer worth about $4.1 million.
Antalpha has built up a sizable position in XAUT, a token tied to gold, over the past three months. The wallet received about 15,052 XAUT worth roughly $68.03 million from Cobo during that period, reflecting sustained accumulation rather than a one-off transfer. The latest movement was a transfer of 1,000 XAUT worth about $4.1 million that arrived seven minutes earlier, PANews reported on July 9, citing Onchain Lens.