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A certain newly created wallet is hoarding 800 units of the gold-backed token XAUT, worth around $4.22 million
On January 28, a newly created wallet withdrew 800 XAUT (Tether Gold) tokens from crypto exchange Bybit, per monitoring data from Onchain Lens. The withdrawal is valued at roughly $4.22 million.
XAUT is a gold-backed digital token issued by Tether, with each token pegged to 1 ounce of physical gold.
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