Data: The largest single on-chain gold transaction in nearly three weeks, Tether transferred 28,723 XAUT to Abraxas, worth $151 million

Recently, according to on-chain analyst Ai Yi (@ai_9684xtpa), the gold token XAUT has seen the largest single transaction amount in nearly three weeks. A transfer of 28,723 XAUT, valued at $151 million, was made from the Tether treasury address to the UK asset management company Abraxas Capital Mgmt.

Heka Funds (Abraxas Capital) is one of Tether's largest and most important institutional clients, having once held 1.5% of the total USDT issuance. Currently, it is also the second entity in terms of transaction amount among the publicly disclosed on-chain addresses of Tether.