Bitfinex Hot Wallet Transfers 400 XAUT to Gate, Cumulative Scale Exceeds $6.8 Million in Short Term

According to on-chain monitoring data, on January 31, a Bitfinex-labeled hot wallet address 0x7713…35EC transferred 400 XAUT to a Gate user deposit address 0x8e9E…73eB, valued at approximately $1.9664 million based on market capitalization.

On-chain data shows that over the past two days, this Gate deposit address has repeatedly received XAUT from the same Bitfinex hot wallet, with single transaction amounts concentrated in the range of 400–1000 XAUT. The related assets were subsequently quickly transferred to Gate's hot wallet. Following a cumulative transfer of approximately $22.951 million on January 30, an additional over $6.8 million worth of XAUT has been transferred to Gate.

From a market perspective, as the trading activity of real-world asset-backed products like gold tokens increases, Gate's trading volume and liquidity in related categories continue to expand. According to CoinGlass data, Gate's XAUT (Gold) spot trading volume remains among the industry leaders, and the platform's market influence in gold-related digital asset trading and liquidity provision continues to grow.