PANews reported on February 28 that, according to on-chain analyst @ai_9684xtpa, with the surge in gold prices, a whale that started accumulating $12.4 million worth of digital gold in batches starting in October 2025 has already made a floating profit of $3.521 million.

He currently holds 2371.4 XAUTs and 559.74 PAXGs, with costs of $4283 and $4004 respectively, and has held these positions firmly for nearly five months.