According to @ai_9684xtpa, two blockchain addresses, suspected to belong to the same individual, recently acquired 985.92 PAXG tokens valued at $5.014 million. The transactions occurred within 7 hours, with both addresses transferring small amounts of ETH to another new address, displaying similar behavior. This highlights increasing interest in PAXG, a gold-backed cryptocurrency, as a potential hedge or investment strategy.

According to Celo, the co-founder of SquidRouter, @ecdsafu, highlighted the innovative approach of bringing gold, the world's oldest store of value, onchain through the 'Buy Gold' Mini App on MiniPay. This development aims to integrate traditional assets into blockchain ecosystems, offering new opportunities for traders and investors in the digital economy.

According to Michaël van de Poppe, Bitcoin (BTC) is currently undervalued compared to gold, with market conditions suggesting a potential upward bounce in the near term. He attributes the delay in recovery to factors such as weak economic data or geopolitical tensions, emphasizing that BTC offers significant value at these levels.

According to @KobeissiLetter, gold inventories in the Shanghai Futures Exchange vaults have reached a record 104 tonnes, as measured by warehouse warrants. These warrants represent physical gold stored in approved exchange vaults, which can be delivered for trading or settlement, highlighting increasing demand and potential market implications for gold traders.

According to @w_thejazz, the preference for physical gold and silver over Bitcoin as a store of value is gaining traction. The statement challenges Bitcoin's reputation as 'digital gold' amidst ongoing discussions about its role in the financial ecosystem. This debate is influenced by comments such as those by Kevin Warsh, who likens Bitcoin to gold for younger generations.

According to @w_thejazz, the reliance on digital wealth and paper assets is diminishing as tangible assets like physical gold (24K) and silver (999 grade) gain prominence. The author emphasizes the importance of direct ownership, advocating for physical possession of precious metals over digital or paper-based alternatives. This shift reflects a broader trend in wealth protection strategies, highlighting the increasing preference for real, tangible assets in financial portfolios.

According to Andre Dragosch, Tether has evolved into a quasi-sovereign entity, functioning similarly to an emerging market with substantial capital inflows driven by safe-haven demand. Initially investing heavily in US Treasury Bills, Tether has now diversified its portfolio to include Bitcoin (BTC) and gold, holding over $23 billion in gold reserves. This positions Tether among the world's top 30 gold holders, surpassing countries like Australia, the UAE, and South Korea. Such strategic moves highlight Tether's rapid financial evolution and potential influence on the cryptocurrency and commodities markets.

According to @thedaoofwei, the potential nomination of Kevin Warsh as the next Federal Reserve chair could signify a shift toward yield curve control (YCC) policies, reminiscent of post-WWII economic strategies. YCC involves pegging short-term interest rates at low levels and committing to buy unlimited bonds to suppress rates. This approach historically allowed governments to manage high debt-to-GDP ratios through inflation, benefiting hard assets like gold and Bitcoin (BTC) during such periods. Traders may see this as a signal to consider these assets as inflation hedges.

According to Charles d'Haussy, the recent drawdown in the Bitcoin ETF market, notably $IBIT, mirrors early correction patterns seen during the launch of gold ETFs. Despite a 13% Bitcoin (BTC) price drop in a single session and $6 billion in outflows over three months, this phase aligns with the 'first major correction' rather than a structural breakdown. Historical parallels with gold ETFs like $GLD suggest that post-launch euphoria often leads to corrections before long-term growth, as seen in gold's 325% rally over seven years. However, Bitcoin's retail-driven market and lack of central bank intervention introduce heightened volatility and risks.

According to Michaël van de Poppe, Bitcoin (BTC) is approaching a significant market bottom, with strong technical and historical indicators aligning for a potential bullish breakout. He highlights that extreme bearish market conditions often lead to underestimated upside potential. Key observations include Bitcoin's inverse relationship with gold, the lowest RSI levels since market bottoms in 2018 and 2022, and key economic factors such as weakening U.S. job data and potential monetary easing. Van de Poppe emphasizes that such conditions create optimal financial opportunities for traders.

According to @ai_9684xtpa, a Binance trader using the account SMXKX achieved the top position on Binance's 30-day Smart Money leaderboard by profiting $12.28 million through shorting gold and silver. The trader began shorting silver (XAG) in late January, initially incurring losses exceeding $1 million. Subsequently, they shorted gold at its January 29 peak, ultimately achieving maximum profits on February 5.

According to @KobeissiLetter, investors are increasingly allocating capital to gold funds, with holdings in the largest physical gold-backed ETF, $GLD, reaching 34.9 million troy ounces, the highest level since May 2022. This marks a significant increase of 8 million troy ounces, or 30%, since June 2024, highlighting strong investor confidence in gold as a safe-haven asset.

According to Michaël van de Poppe, the 2-week RSI for Bitcoin (BTC) compared to Gold has hit its lowest level ever, falling below 25. He highlights that such levels typically mark the end of bear markets, not their beginning, suggesting a potential bottom for BTC. Van de Poppe emphasizes the significant upside potential, estimating a possible 10x gain from current levels versus a 30-50% downside risk. This, he argues, makes it an opportune moment to accumulate BTC, especially when compared to Gold.

According to @KobeissiLetter, retail investor activity in the U.S. options market has surged dramatically. Year-to-date in 2026, the average daily options volume for precious metals like gold and silver is 6.6 times higher than the total volume recorded in 2023. This unprecedented growth highlights heightened interest in gold and silver trading among retail investors, surpassing all previous years' activity levels.

According to @Andre_Dragosch, Bitcoin (BTC) implied volatility is at 75%, the highest since the spot ETF launch in 2024 and now above gold volatility; source: @Andre_Dragosch on X quoting @dgt10011. He added that the current pain is part of the process for BTC to make new highs and that the melt-up will be fast; source: @Andre_Dragosch on X.

According to @BullTheoryio, the last 24 hours saw a cross-asset selloff: gold fell 5.5% with about $1.94 trillion in value erased, silver dropped 19% with roughly $980 billion wiped out, the S&P 500 declined 0.95% with about $580 billion lost, and the Nasdaq fell 2.5% (source: @BullTheoryio). Based on @BullTheoryio’s figures, the simultaneous declines across commodities and US equities indicate broad risk reduction and higher cross-asset correlation, raising liquidity and gap risk for short-term traders (source: @BullTheoryio). Based on @BullTheoryio’s reported drawdowns, traders can consider tightening leverage, using options hedges, prioritizing liquidity, and monitoring dollar strength and volatility for continuation versus mean-reversion cues (source: @BullTheoryio).

According to @Andre_Dragosch, the broad rally in precious and industrial metals signals reflation, consistent with an upside move in the ISM Manufacturing Index and historically supportive of Bitcoin (BTC) bull runs, source: @Andre_Dragosch. He says BTC’s macro sensitivity is returning as long-term holder selling slows while institutions via ETPs, ETFs, and corporate treasuries continue to absorb multiple times new supply, setting up a potential rotation from gold into BTC as risk appetite recovers, source: @Andre_Dragosch. He highlights rising market-based inflation expectations, dollar devaluation, and strength across commodities and energy as confirming reflation, source: @Andre_Dragosch. He adds that gold tends to lead BTC by several months and the BTC to Gold ratio appears oversold, implying relative outperformance for BTC if ISM mean reversion persists, source: @Andre_Dragosch. He views recent lows as likely behind and expects a risk-on backdrop to power a renewed BTC rally in early 2026 amid strong institutional adoption, source: @Andre_Dragosch.

According to @BullTheoryio, capital has rotated from gold into Bitcoin after gold peaks, citing August 2020 when gold topped near 2,075 and declined while BTC dropped from roughly 12,000 to 9,800. According to @BullTheoryio, this historical case is presented as evidence supporting a rotation thesis in which an initial drawdown in both assets can precede flows favoring BTC. According to @BullTheoryio, traders should monitor gold peaks and BTC cross asset flows to gauge potential timing for crypto exposure.

According to @EricBalchunas, $SLV is leading pre-market volume across all ETFs and stocks, with commodities ETFs making up 7 of the top 11 most active by notional volume, source: @EricBalchunas. According to @EricBalchunas, the -2x gold and silver ETFs are now on the most-active list after not appearing last week, source: @EricBalchunas.

According to @BullTheoryio, gold and silver saw a historic drawdown with a reported 10 trillion in value erased in three days. According to the source, gold fell 20% from its peak, erasing 7.4 trillion in market value, and silver dropped nearly 40%, wiping out 2.7 trillion. According to the source, the gold wipeout was framed as roughly five times the entire market cap of Bitcoin, emphasizing the cross asset scale versus BTC. Based on the source's figures, traders may prioritize liquidity and volatility management in precious metals, monitor BTC relative strength and the gold to BTC ratio, and adjust hedging and risk exposure as cross asset flows evolve.