Crypto界网 reports that, according to the on-chain analysis platform Lookonchain's tweet: whales are buying gold rather than cryptocurrencies. The address 0x6B99 deposited $1.53 million USDC into Hyperliquid to repurchase XAUT. This address has purchased 481.6 XAUT worth $2.38 million and still holds $1.44 million USDC, possibly for further accumulation.

XAUT1,29%
USDC0,02%
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