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Bitcoin Bitcoin (BTC) $118,719.33 ↑ 0.46%
Ethereum Ethereum (ETH) $3,872.51 ↑ 1.46%
XRP XRP (XRP) $3.23 ↑ 1.42%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.04%
BNB BNB (BNB) $847.23 ↑ 6.14%
Solana Solana (SOL) $191.32 ↑ 1.78%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 1.17%
TRON TRON (TRX) $0.33 ↑ 0.93%
Cardano Cardano (ADA) $0.83 ↑ 0.09%
Hyperliquid Hyperliquid (HYPE) $44.05 ↑ 2.73%
Sui Sui (SUI) $4.24 ↓ -0.68%
Stellar Stellar (XLM) $0.44 ↑ 0.02%
Chainlink Chainlink (LINK) $19.01 ↑ 1.01%
Hedera Hedera (HBAR) $0.28 ↓ -0.04%
Bitcoin Cash Bitcoin Cash (BCH) $587.23 ↓ -1.03%
Avalanche Avalanche (AVAX) $26.84 ↑ 7.48%
Litecoin Litecoin (LTC) $113.36 ↑ 0.05%
Toncoin Toncoin (TON) $3.38 ↑ 2.16%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.16%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.09%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.06%
Uniswap Uniswap (UNI) $10.90 ↑ 2.34%
Polkadot Polkadot (DOT) $4.22 ↑ 1.46%
Monero Monero (XMR) $328.21 ↑ 1.11%
Bitget Token Bitget Token (BGB) $4.64 ↑ 0.93%
Pepe Pepe (PEPE) $0.00 ↑ 1.07%
Dai Dai (DAI) $1.00 ↓ -0.01%
Cronos Cronos (CRO) $0.14 ↑ 2.15%
Aave Aave (AAVE) $303.48 ↑ 2.19%
Ethena Ethena (ENA) $0.67 ↑ 8.78%
Bittensor Bittensor (TAO) $431.61 ↑ 0.78%
NEAR Protocol NEAR Protocol (NEAR) $2.95 ↑ 1.34%
Ethereum Classic Ethereum Classic (ETC) $22.93 ↑ 0.46%
Pi Pi (PI) $0.45 ↑ 1.01%
Ondo Ondo (ONDO) $1.05 ↑ 0.17%
Internet Computer Internet Computer (ICP) $5.90 ↑ 3.57%
Aptos Aptos (APT) $4.90 ↑ 1.74%
OKB OKB (OKB) $49.09 ↑ 1.83%
Bonk Bonk (BONK) $0.00 ↓ -0.91%
Mantle Mantle (MNT) $0.82 ↑ 0.54%
Kaspa Kaspa (KAS) $0.10 ↓ -1.88%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -1.49%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 0.31%
Algorand Algorand (ALGO) $0.28 ↑ 0.04%
Arbitrum Arbitrum (ARB) $0.47 ↑ 3.12%
Render Render (RENDER) $4.34 ↑ 1.25%
VeChain VeChain (VET) $0.03 ↑ 0.97%
GateToken GateToken (GT) $18.17 ↑ 1.90%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
Worldcoin Worldcoin (WLD) $1.22 ↑ 3.80%
SPX6900 SPX6900 (SPX) $2.27 ↑ 12.37%
Sky Sky (SKY) $0.10 ↑ 1.85%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.25 ↑ 0.89%
Sei Sei (SEI) $0.34 ↑ 1.29%
Cosmos Cosmos (ATOM) $4.88 ↑ 1.77%
Filecoin Filecoin (FIL) $2.77 ↑ 2.76%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.77 ↑ 4.08%
Jupiter Jupiter (JUP) $0.60 ↑ 0.65%
Flare Flare (FLR) $0.02 ↑ 1.38%
Story Story (IP) $5.70 ↑ 4.13%
Injective Injective (INJ) $15.97 ↑ 4.58%
Quant Quant (QNT) $128.28 ↑ 0.88%
Celestia Celestia (TIA) $2.05 ↑ 2.33%
XDC Network XDC Network (XDC) $0.09 ↑ 2.14%
KuCoin Token KuCoin Token (KCS) $11.56 ↑ 0.51%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Optimism Optimism (OP) $0.82 ↑ 12.73%
Curve DAO Token Curve DAO Token (CRV) $1.02 ↓ -5.29%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 2.90%
Stacks Stacks (STX) $0.85 ↑ 3.53%
Four Four (FORM) $3.49 ↑ 2.33%
FLOKI FLOKI (FLOKI) $0.00 ↓ -0.89%
Immutable Immutable (IMX) $0.60 ↑ 2.01%
dogwifhat dogwifhat (WIF) $1.13 ↑ 3.75%
Ethereum Name Service Ethereum Name Service (ENS) $30.56 ↓ -1.24%
PancakeSwap PancakeSwap (CAKE) $3.20 ↑ 14.08%
The Graph The Graph (GRT) $0.11 ↑ 2.68%
Lido DAO Lido DAO (LDO) $1.17 ↑ 5.78%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↓ -1.15%
Kaia Kaia (KAIA) $0.17 ↑ 0.82%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 1.99%
Sonic Sonic (S) $0.34 ↑ 0.79%
Conflux Conflux (CFX) $0.19 ↑ 2.04%
Tezos Tezos (XTZ) $0.91 ↑ 1.72%
PAX Gold PAX Gold (PAXG) $3,336.51 ↓ -0.70%
Theta Network Theta Network (THETA) $0.93 ↑ 2.87%
Vaulta Vaulta (A) $0.58 ↑ 0.00%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
Raydium Raydium (RAY) $3.32 ↑ 6.97%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 0.72%
Nexo Nexo (NEXO) $1.33 ↑ 1.11%
IOTA IOTA (IOTA) $0.22 ↑ 0.03%
Gala Gala (GALA) $0.02 ↑ 2.81%
Tether Gold Tether Gold (XAUt) $3,339.51 ↓ -0.29%
The Sandbox The Sandbox (SAND) $0.32 ↑ 0.12%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 5.15%
Pendle Pendle (PENDLE) $4.67 ↑ 6.07%
Aerodrome Finance Aerodrome Finance (AERO) $0.89 ↓ -0.87%
Jito Jito (JTO) $2.07 ↑ 2.39%
Bitcoin Bitcoin (BTC) $118,719.33 ↑ 0.46%
Ethereum Ethereum (ETH) $3,872.51 ↑ 1.46%
XRP XRP (XRP) $3.23 ↑ 1.42%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.04%
BNB BNB (BNB) $847.23 ↑ 6.14%
Solana Solana (SOL) $191.32 ↑ 1.78%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 1.17%
TRON TRON (TRX) $0.33 ↑ 0.93%
Cardano Cardano (ADA) $0.83 ↑ 0.09%
Hyperliquid Hyperliquid (HYPE) $44.05 ↑ 2.73%
Sui Sui (SUI) $4.24 ↓ -0.68%
Stellar Stellar (XLM) $0.44 ↑ 0.02%
Chainlink Chainlink (LINK) $19.01 ↑ 1.01%
Hedera Hedera (HBAR) $0.28 ↓ -0.04%
Bitcoin Cash Bitcoin Cash (BCH) $587.23 ↓ -1.03%
Avalanche Avalanche (AVAX) $26.84 ↑ 7.48%
Litecoin Litecoin (LTC) $113.36 ↑ 0.05%
Toncoin Toncoin (TON) $3.38 ↑ 2.16%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.16%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.09%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.06%
Uniswap Uniswap (UNI) $10.90 ↑ 2.34%
Polkadot Polkadot (DOT) $4.22 ↑ 1.46%
Monero Monero (XMR) $328.21 ↑ 1.11%
Bitget Token Bitget Token (BGB) $4.64 ↑ 0.93%
Pepe Pepe (PEPE) $0.00 ↑ 1.07%
Dai Dai (DAI) $1.00 ↓ -0.01%
Cronos Cronos (CRO) $0.14 ↑ 2.15%
Aave Aave (AAVE) $303.48 ↑ 2.19%
Ethena Ethena (ENA) $0.67 ↑ 8.78%
Bittensor Bittensor (TAO) $431.61 ↑ 0.78%
NEAR Protocol NEAR Protocol (NEAR) $2.95 ↑ 1.34%
Ethereum Classic Ethereum Classic (ETC) $22.93 ↑ 0.46%
Pi Pi (PI) $0.45 ↑ 1.01%
Ondo Ondo (ONDO) $1.05 ↑ 0.17%
Internet Computer Internet Computer (ICP) $5.90 ↑ 3.57%
Aptos Aptos (APT) $4.90 ↑ 1.74%
OKB OKB (OKB) $49.09 ↑ 1.83%
Bonk Bonk (BONK) $0.00 ↓ -0.91%
Mantle Mantle (MNT) $0.82 ↑ 0.54%
Kaspa Kaspa (KAS) $0.10 ↓ -1.88%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -1.49%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 0.31%
Algorand Algorand (ALGO) $0.28 ↑ 0.04%
Arbitrum Arbitrum (ARB) $0.47 ↑ 3.12%
Render Render (RENDER) $4.34 ↑ 1.25%
VeChain VeChain (VET) $0.03 ↑ 0.97%
GateToken GateToken (GT) $18.17 ↑ 1.90%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
Worldcoin Worldcoin (WLD) $1.22 ↑ 3.80%
SPX6900 SPX6900 (SPX) $2.27 ↑ 12.37%
Sky Sky (SKY) $0.10 ↑ 1.85%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.25 ↑ 0.89%
Sei Sei (SEI) $0.34 ↑ 1.29%
Cosmos Cosmos (ATOM) $4.88 ↑ 1.77%
Filecoin Filecoin (FIL) $2.77 ↑ 2.76%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.77 ↑ 4.08%
Jupiter Jupiter (JUP) $0.60 ↑ 0.65%
Flare Flare (FLR) $0.02 ↑ 1.38%
Story Story (IP) $5.70 ↑ 4.13%
Injective Injective (INJ) $15.97 ↑ 4.58%
Quant Quant (QNT) $128.28 ↑ 0.88%
Celestia Celestia (TIA) $2.05 ↑ 2.33%
XDC Network XDC Network (XDC) $0.09 ↑ 2.14%
KuCoin Token KuCoin Token (KCS) $11.56 ↑ 0.51%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Optimism Optimism (OP) $0.82 ↑ 12.73%
Curve DAO Token Curve DAO Token (CRV) $1.02 ↓ -5.29%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 2.90%
Stacks Stacks (STX) $0.85 ↑ 3.53%
Four Four (FORM) $3.49 ↑ 2.33%
FLOKI FLOKI (FLOKI) $0.00 ↓ -0.89%
Immutable Immutable (IMX) $0.60 ↑ 2.01%
dogwifhat dogwifhat (WIF) $1.13 ↑ 3.75%
Ethereum Name Service Ethereum Name Service (ENS) $30.56 ↓ -1.24%
PancakeSwap PancakeSwap (CAKE) $3.20 ↑ 14.08%
The Graph The Graph (GRT) $0.11 ↑ 2.68%
Lido DAO Lido DAO (LDO) $1.17 ↑ 5.78%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↓ -1.15%
Kaia Kaia (KAIA) $0.17 ↑ 0.82%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 1.99%
Sonic Sonic (S) $0.34 ↑ 0.79%
Conflux Conflux (CFX) $0.19 ↑ 2.04%
Tezos Tezos (XTZ) $0.91 ↑ 1.72%
PAX Gold PAX Gold (PAXG) $3,336.51 ↓ -0.70%
Theta Network Theta Network (THETA) $0.93 ↑ 2.87%
Vaulta Vaulta (A) $0.58 ↑ 0.00%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
Raydium Raydium (RAY) $3.32 ↑ 6.97%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 0.72%
Nexo Nexo (NEXO) $1.33 ↑ 1.11%
IOTA IOTA (IOTA) $0.22 ↑ 0.03%
Gala Gala (GALA) $0.02 ↑ 2.81%
Tether Gold Tether Gold (XAUt) $3,339.51 ↓ -0.29%
The Sandbox The Sandbox (SAND) $0.32 ↑ 0.12%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 5.15%
Pendle Pendle (PENDLE) $4.67 ↑ 6.07%
Aerodrome Finance Aerodrome Finance (AERO) $0.89 ↓ -0.87%
Jito Jito (JTO) $2.07 ↑ 2.39%
Home Cryptocurrency

Whale Wallet Holds Massive Amount of Gold-Backed Crypto

András Crow-Hreidar by András Crow-Hreidar
20 October 2024
in Cryptocurrency, News
Reading Time: 1 min read
0
massive crypto whale holding Tether Gold XAUT representing 3 tons of physical gold. The image features a large crypto

According to a recent announcement by crypto tracking platform Arkham, a cryptocurrency wallet on the blockchain is holding an astonishing amount of gold.

Qubetics is Exploding 728x90 1

Table of Contents

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    • YOU MAY BE INTERESTED
    • Inside CZ’s $76 Billion BNB Empire: What’s Behind the Explosive Price Climb?
    • Missed the $SHIB Boom? Troller Cat’s $400K Presale Could Deliver the Next 2024% ROI
  • Who Owns the Mysterious Whale Wallet?

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Data reveals that this particular crypto wallet holds over $250 million worth of Tether Gold (XAUT). Similar to Tether (USDT), Tether Gold is a stablecoin pegged to the price of gold per ounce and is also managed by Tether. The amount of gold held by this wallet equates to a staggering 3 tons of physical gold. Tether has confirmed that each unit of Tether Gold is backed 1:1 by physical gold stored at its facilities.

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Who Owns the Mysterious Whale Wallet?

The massive crypto wallet reportedly belongs to Rhino.fi, a decentralized finance (DeFi) platform.

Interestingly, as global gold prices experienced a significant surge over the past few months, the value of the assets in this crypto wallet also saw a substantial increase. Since the gold was moved into this wallet, the total value of these blockchain-based assets has risen by $90 million.

For more updates on the latest developments in the crypto space, stay tuned to Turkish NY Radio.

Tags: blockchaincryptocurrency walletgold-backed cryptoRhino.fiTether Gold
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András Crow-Hreidar

András Crow-Hreidar

Editor-in-chief, Content Editor Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.

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