Large whales in the cryptocurrency market are increasing investments in gold tokens

BanklessAtHeart · 2026-02-13T21:04:28+00:00

The cryptocurrency market shows increasing interest in gold-backed assets, as major investors are investing significant amounts in gold stablecoins to diversify in a volatile environment. This trend highlights a strategic shift toward safer assets linked to real value.

BanklessAtHeart

2026-02-13 21:04:28

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The cryptocurrency market continues to show growing interest in assets tied to the real value of gold. Recently, several major whales allocated significant funds to investing in gold stablecoins, reflecting a broader trend of large investors diversifying amid cryptocurrency market volatility.

Million-dollar Investments in Gold Tokens

According to data from the analytics platform NS3.AI, three major players allocated exactly $18.94 million to purchase gold stablecoins. These transactions coincided with a period when physical gold reached a historic high above $5,000 per ounce. The whales swapped several large assets, including USDC, WBTC, stETH, and USDT, for gold tokens XAUT and PAXG.

Current prices indicate stability for these instruments: XAUT trades at around $5.01K, and PAXG at $5.04K, confirming their close linkage to the price of physical gold.

Why Whales Are Choosing Gold Assets

This behavior among large investors indicates a strategic reevaluation of portfolios within the crypto ecosystem. Gold stablecoins offer a unique combination: blockchain accessibility with the reliability of a traditional safe asset. Amid rising gold prices, whales are demonstrating a search for instruments backed by real value.

Growing Demand for Gold-Backed Assets

This investment activity points to an increasing perception of gold tokens as a hedging tool in the portfolios of major players in the crypto market. When traditional assets show uncertainty, whales reorient toward physically backed assets, allowing them to influence the gold market without managing physical bars. This trend could further develop the gold stablecoin market in the coming months.

WBTC4.4%

STETH6.04%

XAUT0.92%

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