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Gold Whales Cash Out $40 Million as Prices Cross $5,000 — Are Smart Money Traders Calling the Top?

Two clusters of on-chain whale addresses sold roughly $40 million worth of tokenized gold over two days as the metal traded above $5,000 per ounce. This has raised questions about whether large holders see a short-term ceiling. The exits were tracked by on-chain analytics platform Lookonchain, which flagged the moves across multiple wallet addresses holding The post Gold Whales Cash Out $40 Million as Prices Cross $5,000 — Are Smart Money Traders Calling the Top? appeared first on BeInCrypto.

  • Read at BeInCrypto
  • Mon, 09 Mar 2026 12:01:54 +0000
Gold Whales Cash Out $40 Million as Prices Cross $5,000 — Are Smart Money Traders Calling the Top?