Transaction Detail

A wallet transferred 264 troy ounces of tokenized gold (PAXG, a digital representation of physical gold stored in vaults) worth approximately $1.1 million on the Ethereum blockchain. The transaction moved from address 0x8494f75cc76bbbc0aa8bdecfbdc22a38177d721d to address 0xc878f90c974ccc5bd5d7483d65d3bb8981f44fee on October 10, 2026. Neither address carries a known label in our database, meaning we cannot identify them as belonging to named institutions, exchanges, or known custodial systems (third-party services that hold crypto on behalf of users). This was a direct wallet-to-wallet transfer, not a treasury event (an official issuance or redemption by the PAXG issuer). The movement shows private ownership of physical-gold-backed tokens changing hands on-chain; without labels, we cannot determine whether this represents an individual holder, a fund, an over-the-counter dealer, or another entity. The scale and denomination suggest institutional or high-net-worth activity. Our on-chain data captures only what moved and when — we cannot infer intent, counterparty relationships, or whether this was part of a larger transaction structure conducted off-chain.