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Data: A certain wallet spent 1 million USDC in the past 5 hours to buy PAXG and XAUT.
Mars Finance reports that, according to Lookonchain monitoring, a wallet (0x1C70) that has been inactive for five months suddenly became active in the past five hours, spending 1 million USDC to buy PAXG and XAUT. The wallet still holds 4 million USDC and may continue to buy.