Whale Buys XAUT and Opens Metals Positions on Hyperliquid

2026/01/30 06:58

Key Takeaways:

Anonymous whale invests $9.1M for XAUT and metals positions.
Funds used to long silver and gold, short NVDA stocks.
Market reactively spikes in XAUT volumes and open interests.

A cryptocurrency whale spent $5.6 million on XAUT, buying 1,066 tokens. Subsequently, $3.5 million was deposited into Hyperliquid for long positions on silver and gold, while shorting NVIDIA shares valued at $809,000.

A crypto whale, known by wallet address 0x8709ac3CeaAe2a7A70c1D8e39DF9804def7cAC54, invested $5.6 million in XAUT tokens and placed significant trades on Hyperliquid.

This investment highlights the ongoing interest in tokenized commodities like XAUT and metals. It contributes to increased market activity and reflects the growing role of decentralized exchanges like Hyperliquid.

The whale bought 1,066 XAUT tokens using $5.6 million USDC, demonstrating robust interest in tokenized gold. Subsequently, $3.5 million was deposited into Hyperliquid to open long positions in silver and gold. These actions indicate a strong bet on these metals while also shorting NVDA positions.

Such movements can impact the markets, as evident in the increased XAUT volumes, which have recently observed historic levels. The funding, entirely self-provided, spans spot market purchases and derivatives on decentralized exchanges.

Broader economic implications suggest increased interest in cryptocurrency-backed metals trading amid global economic shifts. Speculation reflects on market sentiment, potentially affecting other gold-pegged assets and increasing Hyperliquid’s importance in such trades.

Experts from Lookonchain tracked and reported the whale’s activities, noting a substantial move into metals trading.

While community and official reactions remain sparse, this trade showcases how decentralized finance facilitates large-scale, strategic financial actions.

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