According to @lookonchain, three whale addresses moved large amounts of tokenized gold off exchanges: wallet 0xbe4C withdrew 1,959 XAUT from Bybit and Gate; wallet 0x0F67 withdrew 559 XAUT from MEXC; and wallet 0x1b7D withdrew 194.4 XAUT and 106.2 PAXG from MEXC. @lookonchain characterizes these on chain exchange outflows as accumulation, and provided Arkham Intelligence address links for verification. Source: @lookonchain on X; Arkham Intelligence links shared by @lookonchain.

According to @paoloardoino, Tether Gold’s Q4 2025 attestation has been released, coinciding with XAUT tracking gold above $5000. According to Tether, XAUT has surpassed $4 billion in value and now accounts for more than half of the gold backed stablecoin market.

According to @lookonchain, an unknown whale who lost 18.8M USD on ETH in two weeks has accumulated 7,536 XAUT since Dec 13, 2025 for 36.04M USD at an average entry of 4,786 USD, now valued at 38.34M USD with about 2.3M USD in unrealized gains. According to @lookonchain, this address had earlier rotated from ETH into tokenized gold exposure by purchasing 3,299 XAUT for 14.58M USD at 4,421 USD within seven hours.

According to @OnchainLens, a loop-borrowing whale purchased 985.5 XAUT using 4.98M USDe in the past 24 hours (source: @OnchainLens). According to @OnchainLens, the wallet now holds 11,029.5 XAUT valued at 55.98M with an unrealized profit of 5.86M (source: @OnchainLens). According to @OnchainLens, the activity and balances are tied to address 0x85220e6aa75238ba9c80353c6330ebee5142230e and were identified using Nansen data (source: @OnchainLens).

According to @EmberCN, after gold broke above $5,000, a whale previously described as losing $13.73M in one week trading ETH in Nov 2025 bought 3,983.6 XAUt using $20.23M USDT at an average price of $5,080. The post adds that with earlier XAUt purchases around $4,400 this month, the whale now holds 7,369 XAUt valued at about $37.03M, with a blended cost basis of $4,780. Per @EmberCN, the position shows unrealized profit at the time of posting.

According to @OnchainLens, a loop-borrowing whale bought 604.65 XAUT using 3 million USDe in the last 24 hours as GOLD moved above 5,000, based on Nansen on chain data. @OnchainLens reports the address 0x85220e6aa75238ba9c80353c6330ebee5142230e now holds 10,044 XAUT valued at 50.2 million with a floating profit of 5.07 million, per Nansen data. @OnchainLens also noted that over the past 25 days the same address accumulated 9,439 XAUT for 42.13 million USDe at an average price of 4,463, with a previously reported floating profit of 3.45 million, citing Nansen.

According to @lookonchain, whale address 0x6B99 deposited 1.53M USDC into Hyperliquid to accumulate XAUT again, indicating whales are buying gold, not crypto (source: @lookonchain). According to @lookonchain and on chain records on HypurrScan, the wallet has already purchased 481.6 XAUT valued around 2.38M USD (source: @lookonchain; HypurrScan). According to @lookonchain, the address still holds 1.44M USDC, which the source suggests may be used to buy additional XAUT (source: @lookonchain).

According to @lookonchain, gold hit a new all-time high and wallet 0x4b6c swapped 326 XAUT (about 1.53M USD) and 10,978 SLVON (about 936K USD) for 724 ETH (about 2.4M USD) within 30 minutes, source: https://twitter.com/lookonchain/status/2013474910707065199 and source: https://debank.com/profile/0x4b6c0b494e27c3e8ec89e5215643db46eac7c446. The on-chain flow shows capital rotation from tokenized gold and silver exposure into ETH, with the address and transaction details visible on DeBank, source: https://twitter.com/lookonchain/status/2013474910707065199 and source: https://debank.com/profile/0x4b6c0b494e27c3e8ec89e5215643db46eac7c446.

According to Lookonchain, a whale-controlled address 0x8522 accumulated 8,337 XAUt worth about $38.4 million over the past 20 days while borrowing 18.3 million USDe on Aave via a looped borrowing strategy (source: Lookonchain). Lookonchain reports that the buying activity and USDe borrowing are tied to the same address, indicating leveraged exposure to tokenized gold through XAUt financed by debt on Aave (source: Lookonchain). Lookonchain cites the address portfolio page on Debank for on-chain verification of the transactions (source: Lookonchain).

According to @CoinMarketCap, traders should evaluate tokenized gold beyond headline price by using each token’s detail page to conduct deeper due diligence on PAXG and XAUt. Source: CoinMarketCap on X. According to @CoinMarketCap, PAXG may be better aligned with institutional preferences, while XAUt is a widely used decentralized alternative, guiding instrument selection for gold-backed crypto exposure. Source: CoinMarketCap on X. According to @CoinMarketCap, reviewing each token’s markets, liquidity, spreads, and other metrics on the detail pages can help assess slippage and basis risk before entering trades. Source: CoinMarketCap on X.

According to Paolo Ardoino, Scudo is a 1/1000 XAUT ounce denomination designed to improve user experience for transfers, payments, and pricing, source: Paolo Ardoino on X, Jan 6, 2026. All upcoming Tether WDK based wallets will integrate the Scudo denomination, source: Paolo Ardoino on X, Jan 6, 2026. Tether Gold specified that 1 Scudo equals 1/1000 of an XAUT ounce and aims to make XAUT easier to use, track, and transact in smaller amounts, source: Tether Gold on X, Jan 6, 2026. Ardoino compared Scudo to sats for Bitcoin (BTC) to standardize micro-denominations for on-chain gold, source: Paolo Ardoino on X, Jan 6, 2026.

According to @paoloardoino, Tether Gold is introducing Scudo as a 1/1000 XAUT (gold ounce) unit to improve XAUT transfers, payments, and pricing, and all upcoming Tether WDK-based wallets will integrate the Scudo denomination, with a comparison to Bitcoin sats as context. According to @tethergold, 1 Scudo equals 1/1000 of an XAUT and is designed to make Tether Gold easier to use, track, and transact, providing a practical way to send and receive smaller amounts. For traders, these updates enable finer pricing granularity and smaller transfer sizing for XAUT on-chain activity as stated by @paoloardoino and @tethergold.

According to Paolo Ardoino, Tether introduced Scudo as an on-chain unit equal to one thousandth of an XAUT ounce of gold, defining Scudo as 0.001 troy ounce within the Tether Gold framework (source: https://twitter.com/paoloardoino/status/2008541912060547496; source: https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/). Tether stated that Scudo is meant to redefine fractional gold ownership on-chain, providing a standardized denomination for the Tether Gold ecosystem that traders can reference for settlement and pricing workflows (source: https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/). For trading calculations, the specification implies 1 XAUT equals 1000 Scudo and Scudo pricing is mechanically derived from XAUT by a 1 to 1000 ratio, enabling direct conversion of XAUT price quotes into Scudo terms (source: https://twitter.com/paoloardoino/status/2008541912060547496; source: https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/). The announcement was published on January 6, 2026 via Ardoino’s X post and Tether’s newsroom, setting the reference parameters for market integrations and quoting conventions (source: https://twitter.com/paoloardoino/status/2008541912060547496; source: https://tether.io/news/tether-introduces-scudo-redefining-fractional-gold-ownership-onchain/).

According to @lookonchain, wallet 0x8c08 purchased 1,948 XAUT for a total of $8.49 million at an average execution price of $4,357, signaling a large on-chain accumulation of Tether Gold. According to @lookonchain, the disclosure references the DeBank wallet profile for address 0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364 for on-chain verification.

According to @EmberCN, a tracked wallet bought 264.8 WBTC for $30 million at $113,262 in late October and now shows a $5.7 million unrealized loss on that position; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, from early October to now the same address accumulated 2,371.4 XAUt and 559.7 PAXG totaling $12.42 million at an average price of $4,239 and currently shows about $410,000 in unrealized gains; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, on Jan 5, 2026 the whale added approximately $8.5 million in XAUt, indicating continued exposure to tokenized gold; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, this wallet previously bought 97.6 WBTC at $110,039 in late September and sold at $118,748 in early October, realizing around $850,000 profit on that swing; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364.

According to @lookonchain, an unknown whale dumped 31,005 ETH worth $92.19M about 6 hours ago, locking in a $18.8M loss over the past two weeks; source: x.com/lookonchain/status/2007061300539777350. According to @lookonchain, the wallet had accumulated 30,838 ETH between Nov 3 and Nov 10 at an average entry of $3,581 for a total of $110.43M; source: x.com/lookonchain/status/2007061300539777350 and intel.arkm.com/explorer/entity/8ebeef24-4cad-4174-9239-340163570d0b. According to @lookonchain, the whale then rotated into gold by spending $14.58M over the past 7 hours to buy 3,299 XAUT at $4,421 each; source: x.com/lookonchain/status/2007061300539777350.

According to @OnchainLens, citing Nansen data, six wallets linked to a single entity purchased 3,102 XAUT for $13.72 million at an average price of $4,422 on Jan 2, 2026 (source: @OnchainLens; data: Nansen). The identified wallets are 0xfdcc9299efb236a44ead917947bf782ed4fda74c, 0xbda3faf2701d31e25c03b031a64852fbe31192c9, 0xa2b7232e5304d91f8507387f568ebc90afe3bbac, 0x2f4f8c45c98f8a683daabaf0ec874b916908cd73, 0x3ed6ce892f8554b248687433f77526bc789e41a0, and 0x471e2f3d054c408a7f1f9a9ba3c1127512e4f725 (source: @OnchainLens; data: Nansen).

According to @EmberCN, an on-chain whale or institution that lost $13.73 million within a week in November by buying high and selling low on ETH has resumed activity, shifting from ETH to gold exposure via XAUt. source: @EmberCN According to @EmberCN, about 30 minutes before the post the wallet purchased 2,251 XAUt for $9.95 million at an average price of $4,420, with the address link shared for tracking. source: @EmberCN Based on the reported position size and entry price by @EmberCN, a 1% move in XAUt implies roughly $99.5k unrealized PnL on this position. source: @EmberCN The post highlights a rotation from ETH to tokenized gold (XAUt), with details and transaction links provided for on-chain monitoring. source: @EmberCN

According to @paoloardoino, a wallet concept was teased that would support BTC with Lightning Network, USDT, USAT, and XAUT, with local private AI integration via QVAC, defining a tight asset scope for any related product flows (source: Paolo Ardoino on X, Dec 20, 2025). For traders, the immediate watchlist centers on BTC/USDT pairs, XAUT liquidity, and Lightning-enabled payment activity around further announcements, since the assets named by the source are explicitly limited to BTC (via LN), USDT, USAT, and XAUT (source: Paolo Ardoino on X, Dec 20, 2025). Headline risk is concentrated on these instruments; monitor @paoloardoino updates for timing and feature confirmations that can catalyze volatility and volumes in BTC and USDT markets (source: Paolo Ardoino on X, Dec 20, 2025).

According to Kashif Raza, a new podcast with Edul Patel, co-founder of Mudrex, recorded at IBW, covers five trading-critical topics: whether the crypto bull market is over, prospects for altcoin recovery, trends in new crypto users in India, Mudrex's proof of reserves, and what XAUT is - source: @simplykashif on X. The episode directs traders to focus on cycle timing, altcoin risk management, India retail adoption trends, platform transparency via proof of reserves, and the mechanics of XAUT as a gold-linked token, as these are explicitly listed discussion points - source: @simplykashif on X.