Whale's two-month gold asset allocation: WBTC pitfalls, XAUt/PAXG yields small profit

ZkSnarker · 2026-01-05T00:46:12+00:00

Recently, a whale investor has been allocating gold assets over the past two months, spending approximately $30 million to purchase WBTC, with an unrealized loss of $5.7 million; additionally, the investor bought XAUt and PAXG for $12.42 million, with an unrealized profit of about $410,000, indicating that their investments in gold on the blockchain have been more successful.

ZkSnarker

2026-01-05 00:46:12

Abstract generation in progress

【Chain News】Recently, an investor exposed an interesting on-chain trend — a whale investor has been continuously deploying assets in the gold sector over the past two months.

Specifically, this whale spent approximately $30 million at the end of October to purchase 264.8 WBTC in one go, with an average cost of $113,262 per coin. Unfortunately, it hasn’t been very lucky; this investment is currently showing a floating loss of about $5.7 million.

But another story is different. Starting in early October, this investor used $12.42 million to gradually buy 2,371.4 XAUt and 559.7 PAXG, with an average cost of $4,239. Currently, this portion of the position is slightly profitable, with an unrealized gain of about $410,000. It seems that in the on-chain gold assets sector, the investor’s intuition is still sharper.

WBTC-2,39%

XAUT-0,53%

PAXG-0,53%

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LayerZeroHero

· 01-05 01:16

WBTC pitfalls but a small profit in the gold track, this whale's sense of smell is indeed unmatched.

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0xDreamChaser

· 01-05 01:16

WBTC pitfalls 5.7 million, XAUt small profit of 410,000, this whale's multiple-choice question didn't do very well

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TokenomicsTrapper

· 01-05 01:13

lmao classic wbtc trap, actually if you read the contract nobody even checks the custodian risk anymore. but yeah xaut/paxg pumping while btc bags underwater... textbook greater fool theory in action, the real play was always the boring gold narrative smh

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MeaninglessApe

· 01-05 01:11

This whale really went all in on WBTC, making a move that cost over five million in one go... Making a small profit with PAXG is quite interesting; it seems that some people really bet correctly on gold this time.

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LayerZeroJunkie