XAUt (Tether Gold) Spent $12.01M to Buy 2,879 Tokens, Netting $5.16M Shorting BTC During LUNA/UST Crash
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
COINOTAG News on October 15 cited on-chain analyst Ai Auntie (@ai_9684xtpa), reporting that an address labeled “LUNA/UST Shorting BTC to Earn $5.16 Million Smart Money in the Crash” deployed approximately $12.01 million in the last eight hours to acquire 2,879 XAUt at an average entry of $4,168 per token, according to chain-level transaction traces.
Market data indicates XAUt is pegged 1:1 to physical gold and has appreciated roughly 15% over the past month, a performance metric that may reflect flight-to-safety flows amid crypto volatility and portfolio reallocation by on-chain actors.
The on-chain narrative suggests the address realized an estimated $5.16 million gain tied to short exposure in BTC during the LUNA/UST turmoil; this observation is based on transaction data and should be considered descriptive, not investment advice, when assessing institutional positioning and liquidity dynamics.