Antalpha Transfers 3,000 XAUT Worth $15.39 Million to Bybit Exchange

Blockchain data from Lookonchain reveals Antalpha’s recent transaction involving Tether Gold (XAUT), maintaining its dominant position as the largest holder besides Tether.

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Summary

Antalpha transferred 3,000 Tether Gold (XAUT) tokens, valued at $15.39 million, to Bybit on March 4, 2025. Despite this move, Antalpha retains 59,033 XAUT, worth approximately $302.7 million, securing its position as the largest XAUT holder after Tether. The transaction highlights the firm’s prominent role in the growing tokenized gold market.

Terms & Concepts
  • XAUT (Tether Gold): A digital token issued by Tether that represents ownership of physical gold stored in Swiss vaults.
  • Bybit: A global cryptocurrency derivatives and spot exchange offering trading services to institutional and retail investors.
  • Lookonchain: A blockchain analytics platform that tracks large cryptocurrency transactions and wallet movements in real time.