A certain newly created wallet is hoarding 800 units of the gold-backed token XAUT, worth around $4.22 million

BlockBeats News, January 28th, according to Onchain Lens monitoring, a newly created wallet withdrew 800 XAUT gold tokens from Bybit, worth approximately $4.22 million.

XAUT (Tether Gold) is a gold-backed digital currency issued by Tether, with each token pegged to 1 ounce of gold.