Three wallets are currently holding a combined $15.59 million worth of tokenized gold assets, specifically XAUT (Tether Gold) and PAXG (Paxos Gold).
This concentration highlights how a small number of holders control a significant portion of circulating gold-backed tokens. Both XAUT and PAXG are backed by physical gold, allowing investors to gain exposure to gold price movements while remaining within the crypto ecosystem.
Large wallet accumulation often signals strategic positioning, whether for long-term storage, portfolio diversification, or hedging against market volatility. With growing interest in real-world asset (RWA) tokenization, gold-backed tokens continue to attract capital during periods of uncertainty.
