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"Shorting BTC to earn $5.16 million in smart money during the LUNA/UST crash" spent $12.01 million in the past 8 hours to buy 2879 XAUt.
BlockBeats news, on October 15, according to on-chain analyst Ai Yi (@ai9684xtpa), “smart money shorting BTC during the LUNA/UST collapse earned $5.16 million” spent $12.01 million in the past 8 hours to buy 2,879 XAUt (Tether Gold), at an average price of $4,168. XAUt is exchanged 1:1 with physical gold, rising 15% in the past month.