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9 million USD worth of XAUT quietly flows into exchanges, a signal 90% of people can't understand! On-chain data shows that Antalpha deposited 1,950 XAUT (about $9.18 million) into Cobo, then the funds moved to exchanges and are linked to Metalpha, suspected of being sold through OTC off-market channels. Meanwhile, Antalpha still holds 46,348 XAUT, worth approximately $218 million.