Gate News reports that on March 9, according to on-chain analyst Yu Jin’s monitoring, a whale holding $54.63 million in funds sold 5,809.8 XAUt (worth $29.81 million) at a price of $5,130 three hours ago. Previously, this whale had already liquidated its BTC holdings in mid-January. The specific transaction details are as follows:
In the XAUt transaction, the whale bought 5,809.8 XAUt for $24.63 million at a unit price of $4,239 and sold it at $5,130, making a profit of $5.18 million;
In the BTC transaction, the whale bought 264.8 WBTC for $30 million at a unit price of $113,262 and sold it for $93,844, incurring a loss of $5.15 million.
Overall, the whale’s profit on XAUt offset the loss on BTC, resulting in a nearly break-even overall position.
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