According to blockchain tracking, a whale’s PAXG and XAUt trades yielded over $1.1 million in combined profits, reflecting rising activity in tokenized gold assets.
An on-chain wallet accumulated $12.02 million in tokenized gold over three weeks, achieving total profits of $1.147 million. The trader purchased PAXG at an average of $3,828.93 and deposited it to Binance at $4,426.52, potentially realizing $597,000 in gains. It also acquired XAUt at $4,095.88, now showing $550,000 in unrealized profit. The activity underscores growing participation in on-chain gold trading.