A crypto whale made a large move in late January 2026. On-chain data shows the wallet withdrew about $6 million in USDC from Aave V3. The whale then used that moneyA crypto whale made a large move in late January 2026. On-chain data shows the wallet withdrew about $6 million in USDC from Aave V3. The whale then used that money

Whale Moves $6M Into XAUT and Supplies It to Aave V3

A crypto whale made a large move in late January 2026. On-chain data shows the wallet withdrew about $6 million in USDC from Aave V3. The whale then used that money to buy 1,108.79 XAUT tokens. XAUT is Tether Gold. Each token represents one ounce of physical gold. The average buy price was about $5,411 per token. 

After the purchase, the whale sent both USDC and XAUT back to Aave V3 to earn lending yield. This move mixes two goals. First, the whale keeps earning interest on stablecoins. Second, the whale gains direct exposure to gold. It shows a clear plan to balance safety and returns during a volatile market.

How the Whale Executed the Trade

The activity was first shared by Onchain Lens. The wallet address is 0xafd850735…D27e. The whale did not swap all funds at once. Instead, it withdrew USDC in small batches. It then used Cow Protocol to swap USDC for XAUT (Tether Gold). This method helps reduce slippage when trading large amounts.

After buying XAUT, the whale supplied the tokens to Aave V3. It also supplied remaining USDC to the same protocol. This means both assets now earn interest. The whale keeps liquidity while holding gold on-chain. It is a simple but smart structure. The user earns yield and holds a hedge at the same time.

Size of the Current Position

At the moment, the wallet holds about $12.58 million in USDC on Aave. It also holds 1,108.79 XAUT on the platform. Together, the lending position is worth around $18 to $19 million, depending on the gold price. The health factor is very high. It is above 10. This means the position has low liquidation risk. The whale didn’t borrow aggressively. It mainly uses Aave for yield and storage. This shows a cautious approach, not a risky one.

Gold’s Strong Run in 2026

Gold has surged in 2026. Prices moved close to $5,500 per ounce earlier this month. They later pulled back to the $5,200 to $5,350 range. Still, gold remains far higher than last year. Demand has grown because of global tension and policy uncertainty. Central banks are also buying more gold. XAUT (Tether Gold) tracks the price of physical gold. One token equals one ounce stored in a vault. For crypto users, this is an easy way to hold gold without leaving the blockchain. It also works well with DeFi tools like Aave.

What This Move Signals

This whale appears bullish on gold. The trade shows a shift toward safety while staying active in DeFi. The whale keeps USDC for yield and slowly adds XAUT for protection. It may convert more USDC into gold later.

This also highlights the rise of tokenized real world assets. Gold on-chain is no longer rare. Big wallets now use it like any other token. The key question is simple. Will more whales follow this path and rotate into gold as market risk grows? For now, this wallet’s move sends a clear message. In uncertain times, smart money looks for yield and shelter at the same time.

The post Whale Moves $6M Into XAUT and Supplies It to Aave V3 appeared first on Coinfomania.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

qLabs Fires First Shot in Quantum Crypto Race — Can Coinbase Catch Up?

qLabs Fires First Shot in Quantum Crypto Race — Can Coinbase Catch Up?

The rapid progress of quantum computing is forcing the cryptocurrency industry to confront the problem that has long been treated as theoretical. Blockchains th
Share
CryptoNews2026/01/30 22:53
The Anatomy of a Self-Made Billionaire’s Mindset: How Gurhan Kiziloz Reached a $1.7B Net Worth

The Anatomy of a Self-Made Billionaire’s Mindset: How Gurhan Kiziloz Reached a $1.7B Net Worth

There are many paths to wealth in the modern economy, but the one Gurhan Kiziloz took stands out for a simple reason: he built everything himself. By 2026, the
Share
Coinstats2026/01/30 23:07
Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28