Santiment: PAX Gold Hits Record 8,830 Daily Active Addresses as Gold Rallies

PAX Gold (PAXG) saw a spike in on-chain activity as gold posted modest gains over the past week. According to BeInCrypto, Santiment data showed daily active addresses rose to a record 8,830, while realized profits hit $6.77 million, the highest in five months. Nansen data showed $6.9 million in net exchange outflows over the past 24 hours and $1.8 million accumulated by newly created wallets, suggesting accumulation despite profit-taking. Gold gained 2.45% over the past seven days and was down 0.39% on the day.