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Dormant Wallet Withdraws $7.58M in XAUT from OKX After 11 Months

On-chain data shows address 0x278…3a7f6 acquired 1,500 Tether Gold (XAUT) from OKX, marking its first holdings in the asset.

XAUT

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Terms & Concepts
  • Tether Gold (XAUT): A cryptocurrency token backed by physical gold, issued by stablecoin provider Tether.
  • OKX: A global cryptocurrency exchange offering trading, futures, and DeFi services.
  • On-chain analysis: The study of blockchain transaction data to track asset movements and wallet behaviors.