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$PAXG ):
Current Price: PAXG is trading at approximately $5,117, benefiting from a 2.2% increase in the last 24 hours as spot gold prices push higher.
Market Momentum: The token has recovered from a mid-February dip of $4,867, tracking a broader global gold rally that saw international bullion hit $5,037/oz.
Institutional Adoption: Wintermute recently launched a dedicated OTC trading desk for PAXG, significantly improving liquidity for large-scale institutional buyers.
On-Chain Activity: A major "whale" move was recorded on February 15, where 9,156 ETH (~$18.9M) was swapped for PAXG, signaling a strong "risk-off" rotation.
Supply Stability: The circulating supply remains steady at 459,010 tokens, with the market cap holding firm above the $2.3 billion mark.
Technical Levels: Analysts are eyeing a major resistance zone near $5,340; a firm break here could target the January all-time high of $5,622.
Macro Context: PAXG continues to outperform most of the crypto market in stability, serving as the primary 1:1 gold-backed hedge against persistent inflation in 2026.
Current Market Snapshot:
| Metric | Value |
| :--- | :--- |
| Market Cap | ~$2.35B |
| 24h Trading Volume | ~$518M |
| All-Time High | $5,622.81 (Jan 29, 2026) |
| Gold Backing | 1 oz London Good Delivery Gold per token |
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