Whale investors double down on digital gold and physical gold: WBTC at a loss, XAUt at a profit

A whale investor has made large-scale investments in gold-related assets over the past two months. At the end of October, this investor purchased 264.8 WBTC for approximately $30 million, with an average price of $113,262, and is currently facing an unrealized loss of about $5.7 million. Meanwhile, since early October, the investor has bought 2,371.4 XAUt and 559.7 PAXG for $12.42 million, with an average price of $4,239, and is currently sitting on an unrealized profit of about $410,000.