Despite the international gold price retreating, on-chain funds continue to flow into tokenized gold. Multiple whale addresses have purchased Tether Gold, indicating a medium to long-term holding signal. Macroeconomic factors influence gold price fluctuations, but Tether is promoting the expansion of XAUT to the BNB Chain, enhancing liquidity. The market size is growing rapidly, and analysts are optimistic that the gold price may rise again.

Gate News bot message, according to on-chain data, a newly created wallet address "0x5b1" withdrew 2,000 ETH valued at $8.77 million from multiple centralized exchanges. Meanwhile, whale address "0x49d" withdrew 800 XAUT ($3.55M), 210 ETH ($656.7K), and 70 PXAG ($312K). The whale currently holds 5,

Gate News reports that on March 27, according to crypto analyst Yu Yan monitoring, after the gold price fell below $4,400, a whale address bought 2,000 XAUt tokens at approximately $4,390, totaling about $8.78 million.

Gate News bot message, according to the official Gate announcement on March 26, 2026 Gate YuBiBao is now live with an additional reward pool for XAUT flexible savings. In addition to the original annualized return, an extra 15% annual reward is offered, bringing the current total annualized return to 26.68%. The activity has a total reward pool of $50,000, while supplies last. Tether Gold (XAUT) is a gold stablecoin issued by TG Commodities Limited, with each XAUT token representing one ounce of London Good Delivery gold. Holders can transfer XAUT tokens to any address on the blockchain, with the corresponding gold bar linked to a specific address storing Tether Gold. Additional rewards will be distributed in the form of XAUT.

Gate News bot message: Since launching on Alpha, XAUt has increased by 261.27%, with the current price at 4551.30 USDT.

Gate News: On March 25th, according to data released by CryptoQuant on the X platform, a certain CEX's gold token XAUT perpetual contract achieved a single-day trading volume of 6.4 billion dollars, hitting a new all-time high. Additionally, XAUT perpetual contract has become the fifth-largest perpetual contract trading pair on the platform by trading volume.

Gate News bot message: Since the launch of Alpha, Gate market data shows that XAUt has increased by 103.88%, with the current price at 9126.67 USDT.

Recently, the metal market has experienced a pullback, with international gold reaching a high of $4,534.8 and currently trading at $4,145.4; international silver peaked at $69.66 and is now trading at $61.31. Trading volume on Gate platform's metal contracts has grown significantly, with XAUT and XAG transaction volumes reaching $100 million and $130 million respectively, showing substantial month-over-month increases.

On March 8, an address liquidated its XAUT position for a profit of $4.845 million, with an entry point of $4,150.89 and an exit point of $5,131. The current XAUT price is $4,547.55, down 11.4%. This address previously shorted BTC during the LUNA/UST collapse for a profit of $5.16 million.

Gate's financial module launched a XAUT (Tether Gold) dual-currency investment product on March 18, allowing users to generate returns through low-buy or high-sell strategies while earning floating interest during the holding period, expanding trading capabilities between digital assets and traditional assets.