$9.18 million worth of gold tokens moved! Whales suspected of quietly offloading through OTC

On-chain data shows that the institution Antalpha transferred 1,950 XAUT (gold tokens) to the custody platform Cobo, worth approximately $9.18 million.
Subsequently, the related funds flowed to exchanges and were linked to the Metalpha address, with market speculation that the sale may have been completed through over-the-counter (OTC) channels.
It is worth noting that Antalpha still holds 46,348 XAUT, with a total value of about $218 million, indicating that this operation is more of a phased capital adjustment rather than a complete exit.
In the crypto market, large funds often do not sell off in large quantities directly on the open market but instead reduce price impact through OTC and other methods, which is a common liquidity management strategy for institutions.
Behind market fluctuations, the essence is the continuous flow and redistribution of funds.
True investors don’t just watch the prices; they learn to read the footsteps of capital.
When others only see volatility, if you can see the logic, opportunities are often quietly on your side.