Gate News bot message: Since the launch of Alpha, Gate market data shows that XAUt has increased by 103.88%, with the current price at 9126.67 USDT.

Recently, the metal market has experienced a pullback, with international gold reaching a high of $4,534.8 and currently trading at $4,145.4; international silver peaked at $69.66 and is now trading at $61.31. Trading volume on Gate platform's metal contracts has grown significantly, with XAUT and XAG transaction volumes reaching $100 million and $130 million respectively, showing substantial month-over-month increases.

On March 8, an address liquidated its XAUT position for a profit of $4.845 million, with an entry point of $4,150.89 and an exit point of $5,131. The current XAUT price is $4,547.55, down 11.4%. This address previously shorted BTC during the LUNA/UST collapse for a profit of $5.16 million.

Gate's financial module launched a XAUT (Tether Gold) dual-currency investment product on March 18, allowing users to generate returns through low-buy or high-sell strategies while earning floating interest during the holding period, expanding trading capabilities between digital assets and traditional assets.

Gate News reports that on March 17, according to OnchainLens monitoring, Antalpha, a publicly listed U.S. crypto fintech company, transferred 1,700 XAUT to Cobo's deposit wallet address, valued at approximately 8.46 million USD at current prices. Tether Gold (XAUT) is a tokenized gold asset issued by Tether and backed by physical gold.

According to on-chain data analytics platform Onchain Lens, ShapeShift founder Erik Voorhees has recently increased his ETH holdings. Over the past 6 days, he purchased 33,544 ETH at an average price of $2,124 per coin, spending approximately $71.24 million, with current unrealized gains of approximately $4.78 million. He also holds 2,834 XAUT and $43.8 million in USDT.

Gate News bot message, two wallets, possibly belonging to the same whale, deposited 4,480 XAUT ($22.7M) to CEX and withdrew 10,242 ETH ($21.92M) from CEX in the past 2 hours.

Gate News Report: On March 13, according to Onchain Lens monitoring, a certain whale address (0xCE7...dD42) sold 2,311 XAUT held for 2 weeks through a certain CEX, valued at $11.7 million, and purchased 5,313 ETH, valued at $11.33 million.

On March 13, the Gate platform's gold (XAUT) 24-hour contract trading volume reached $56.2331 million, up 32.07% from the previous period, ranking third globally; silver (XAG) trading volume was approximately $153 million, also ranking third globally. The 24-hour highest prices for gold and silver were $5148.8 and $87.45 respectively.

Gate News reports: On March 13, according to Onchain Lens monitoring, a whale address, after being dormant for 10 months, withdrew 1,870 XAUT from a certain CEX eight hours ago, worth 9.54 million USD.