An address deposited 2000 XAUt to Binance, worth approximately 8.08 million USD

TechFlow reported on October 29 that, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), address 0x5Fe…4A838 appears to have closed its entire Tether Gold (XAUt) position, depositing 2000 XAUt to Binance over the past 18 hours, worth approximately 8.08 million USD. Based on current prices, if the address chooses to sell, it would incur a loss of approximately 144,000 USD.

Source: TechFlow