Gold Fever: Unusual Movements Observed in the Price of Gold-Backed PAXG – Here’s Why
The PAXG/USDT pair on the Binance exchange surged by 16% in a short period, driven by large-scale orders. Analysts believe this move may be related to possible whale liquidations.
Following the rally, the PAXG price on Binance is still trading at a 1.5% premium to the global gold price.
The price of PAX Gold (PAXG) was $4,411.46 at press time and is up 4.06% over the past 24 hours. The token reached an all-time high of $4,436.09 about 15 minutes ago on October 17, 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CoinGecko Reports Crypto Market Cap Peaks to Record Highs in Q3 Since 2021
Global Crypto Valuation Soars 16.4% to $4 Trillion, Marking a Historic High Since Last Year
BTC rebounds above $109,000
XAI is planning a $20 billion lease-and-buy deal for Nvidia chips
Trending news
MoreCrypto prices
More
