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On-chain data: Nearly 1,500 XAUt tokens were withdrawn from Gate's hot wallet in large amounts, with a total value of approximately $7,144,600 USD.
Odaily Planet Daily reports that according to on-chain monitoring data, Gate’s hot wallet address 0x0D0…492Fe transferred 1,499.999307 XAUt tokens to address 0x3ab9…F84f on February 6, 2026, at 12:15 (UTC+8). Based on the price at that time, the transfer was worth approximately $7,144,600 USD, with a unit price of about $4,767.7 USD. This may represent the first large-scale deposit/auto-custody address’s centralized receipt activity.
From a market perspective, as international gold prices remain high, the trading and circulation activity of on-chain gold assets has significantly increased. Data from CoinGlass shows that Gate has consistently ranked among the top three in the industry for spot and futures trading volumes of gold-related assets like XAUt, maintaining high levels of liquidity and user participation. It has become an important platform for on-chain gold price discovery and capital allocation. Against the backdrop of accelerating integration between traditional financial assets and cryptocurrencies, Gate has gradually established itself as the main battleground for gold trading.