Major market participants are employing looped borrowing strategies to accumulate precious metal-backed tokens. Wallet 0x8522 has acquired 8,337 $XAUt (worth $38.4M) over the last 20 days while simultaneously borrowing 18.3M $USDe from Aave. This leveraged buying pattern reflects sophisticated traders cycling borrowed stablecoins into physical asset proxies—a tactic worth monitoring as it signals institutional-grade positioning. Such large-scale moves through major liquidity protocols like Aave typically precede notable market moves.