Whale's XAUT Sale Yields $240K Profit Amid Market Volatility

A recent on-chain activity has shed light on a whale's trading strategy involving Tether Gold (XAUT), Ethereum (ETH), and USD Coin (USDC).

The whale sold 2,105.37 XAUT tokens for $11.27 million in USDC at a price point of $5,353 per XAUT, securing a profit of $240,317 from the trade.

This transaction occurred on March 2, 2026, and highlights strategic profit-taking by whales in volatile crypto markets.