$100M Gold Profit: Antalpha Moves Funds After Massive Tether Gold Bet

Is gold’s top in? Well, Antalpha – a leading fintech company, which made a massive bet on the asset, seems to lean in this direction. The company appears to be locking in profits after its bet on tokenized gold – more specifically, Tether Gold (XAUt). The firm purchased a whopping $241 million worth of XAUt, representing an astonishing 1.8 tonnes of physical gold, at an average price of $3,693 per o…