On October 15, according to monitoring by on-chain analyst Aunt Ai (@ai_9684xtpa), "smart money that short BTC when LUNA/UST collapsed and earned $5.16 million" spent $12.01 million in the past 8 hours to buy 2,879 XAUt (Tether Gold), with an average price of $4,168.
XAUt is redeemable at a 1:1 ratio with physical gold and has risen 15% in the past month.