Largest on-chain gold transaction in nearly three weeks, Tether transfers 28,723 XAUT to Abraxas

MarsBitNews · 2026-02-28T03:14:17+00:00

According to Mars Finance, on February 28th, on-chain analyst monitored the largest single transaction of the gold token XAUT, with Tether transferring 28,723 XAUT to Abraxas Capital in the UK, valued at $151 million. Abraxas is one of Tether's important clients.

MarsBitNews

2026-02-28 03:14:17

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Mars Finance News, February 28 — According to on-chain analyst Ai Yi (@ai_9684xtpa), the gold token XAUT experienced its largest single transaction in nearly three weeks. Four hours ago, the Tether treasury address transferred 28,723 XAUT to the UK asset management firm Abraxas Capital Mgmt, worth $151 million. Heka Funds (Abraxas Capital) is one of Tether’s largest and most important institutional clients, once holding 1.5% of the total USDT issued. Currently, among Tether’s publicly available on-chain addresses, it is also the entity with the second-highest interaction volume.

XAUT0.84%

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