$PAXG 🔍 Intelligence Report: Whales and On-Chain Flow
Elite Accumulation: In the last 48 hours, three whales injected about $18.94 million into PAXG and XAUT. Notably, the address 0x271 on Hyperliquid consolidated one of the largest bought positions in the ecosystem, recording a floating profit of 200%.
"Ghost" Movement: We detected a transfer of 5,301 PAXG from null addresses to Paxos, signaling the creation of new liquidity to meet the demand from large players seeking refuge.
Divergent Sentiment: While retail is in "Extreme Fear" (Index 14), whales with more than 10,000 BTC are migrating part of the liquidity to digital gold as a hedge against Bitcoin's drop to around $77,000.
