PANews reported on March 11 that, according to Arkham , Antalpha previously purchased Tether Gold ( XAUT ) for approximately $241 million, equivalent to over 1.8 tons of physical gold, at an average purchase price of approximately $3,693. This position currently shows a profit of over $100 million, and Antalpha has recently transferred $15 million worth of XAUT to the custodian firm Cobo .
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