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Antalpha Moves $15.21 Million in Tether Gold (XAUT) to Cobo Custody

Antalpha Moves $15.21 Million in Tether Gold (XAUT) to Cobo Custody

Arkham data indicates Antalpha acquired about $241 million in Tether Gold, equivalent to more than 1.8 tons of physical gold, and the position is now showing over $100 million in unrealized profit after a transfer to Cobo.

XAUT

Fact Check
The claim is verified by specific on-chain data provided by Arkham and widely reported by reputable crypto financial news platforms. The figures for the transfer ($15.21M / 3,000 XAUT), the total acquisition ($241M), and the unrealized profit (>$100M) are consistent across all sources.
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Summary

Arkham data shows Antalpha bought about $241 million worth of Tether Gold (XAUT) at an average price of about $3,693, representing more than 1.8 tons of physical gold. According to Arkham, the position now shows more than $100 million in unrealized profit. The update also states that Antalpha recently transferred $15 million in XAUT to custodian Cobo, adding context to the previously reported custody movement.

Terms & Concepts
  • Tether Gold (XAUT): A token issued by Tether that is backed by physical gold, giving holders blockchain-based exposure to the metal.
  • Cobo: A digital asset custody provider that offers storage and management services for institutional crypto holdings.