PANews reported on January 29 that gold prices skyrocketed beyond $5,500.00, reaching an unprecedented peak as institutional whales continued their aggressive accumulation. Data from Onchain Lens reveals that whale "0x6af" secured 1,253.35 PAXGs across a three-day period, paying $5,260.00 per unit and totaling $6.59 million. During that same timeframe, whale "0x870" acquired 777.47 XAUTs at $5,145.00 each, investing $4.00 million. Additionally, whale "0x7dc" entered the market within 24 hours, purchasing 667.00 XAUTs at $5,321.00 apiece for $3.55 million. Analysts believe this concentrated buying pressure from major holders directly fueled the historic price surge.
PANews reported on January 29 that, according to Onchain Lens monitoring, as whales continue to accumulate gold, its price has broken through $5,500, setting a new historical high.
- The whale "0x6af" bought 1,253.35 PAXGs at $5,260 each in the past three days, spending $6.59 million.
- The whale "0x870" bought 777.47 XAUTs at a price of $5,145 each in the past three days, spending $4 million.
- The whale "0x7dc" bought 667 XAUTs at $5,321 each in the past 24 hours, spending $3.55 million.
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