2026-01-02 11:27:30

Interesting things are happening. The big whale who lost $13.73 million in a week last month through high-frequency ETH trading has made a move again today. This time, they changed their approach, no longer messing around with Ethereum, but instead pouring into the gold sector.

Transaction records from half an hour ago show that this (or these) whales used 9.95 million USDT to buy 2,251 XAUt tokens in one go, with an average price around $4,420. The amount is still significant, but the direction has clearly shifted.

What's interesting is that during their last operation in November, the average price was $3,570, and that move ended quite badly. Now, switching to tokenized gold—whether it's a lesson learned to change sectors or a move to diversify asset allocation—market observers are still watching.

ETH3.24%

XAUT0.24%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
5
Repost
Share

Comment

0/400

Layer2Arbitrageur

· 4h ago

lmao this whale really said "let me bleed $13.7M on ETH then yolo into tokenized gold" 💀 the basis points on that entry are literally begging for a liquidation cascade... actually wait, if you calculate the slippage delta between the nov position and today's XAUt buy, there's like 23.7% unrealized loss already baked in. ngmi energy ngl.

Reply0

ContractExplorer

· 4h ago

This guy really can't learn. Losing over 13 million and still daring to keep playing. Is he scared of the new gold track or trying to make a comeback?

View OriginalReply0

NewDAOdreamer

· 4h ago

Damn, this guy really lost both wife and soldiers... Losing 13.73 million and still daring to play like this? Is this time switching to gold for stability or trying to scam again? Seeing the average price rise so much, it doesn't seem good...

View OriginalReply0

GateUser-a606bf0c

· 4h ago

Bro, are you doing this again? Lost over 10 million and still dare to keep going... Did you really learn to be smart this time by betting on gold, or is it just a gambler's mentality acting up?

View OriginalReply0

ThreeHornBlasts

· 4h ago

This whale is really ruthless, losing $13.73 million and still daring to continue pushing. The mentality is extraordinary. --- It's this guy again, messing around with ETH and then switching to gold. Is he trying to use XAUt to "stop the bleeding"? --- Wait, the previous average price was 3570, and now he's buying at 4420. Is this... really learning a lesson? Or just going with gut feeling? --- Throwing in 9.95 million USDT directly, this move is incredible. Either making a killing or just a pure gambler's mindset. --- Is the gold track so attractive now? Even whales who suffered big losses want to give it a try? --- I think this guy is just very stubborn about gambling. Switching to another track and continuing, only those who survive and come out of the gold track are truly skilled. --- From ETH to XAUt, this switch is really decisive. I'm just worried this time it will be another "textbook" style panic buy.

View OriginalReply0