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

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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.

A whale has spent $6M $USDC to buy 1,108.79 $XAUT at a price of $5,411 and has supplied it for lending on #Aave V3.

The whale still holds $12.58M $USDC in lending and is likely to withdraw and buy more XAUT (#GOLD).

Address: 0xafd850735abcbFc71886b4Bf93995Dc9c04fD27e pic.twitter.com/OeYND3ehHg

— Onchain Lens (@OnchainLens) January 30, 2026

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.