During periods of increased market volatility, the safe-haven characteristics of gold-related assets are once again highlighted. The PAXG token, which is linked to gold and serves as an on-chain hedging tool, has recently performed quite stably—against the backdrop of gold prices repeatedly reaching new highs, tokens backed by physical assets like this have also garnered considerable attention.

According to on-chain data, recently 1,154 PAXG tokens (worth approximately $5.49 million) were transferred into a leading trading platform. This large transfer may reflect institutional or large investor adjustments in asset allocation. Compared to coins based on expectations and narratives, holding tokens backed by real assets offers a clearer approach to risk management.

For investors looking to reduce nighttime holding anxiety, incorporating such defensive assets into their allocation strategy is undoubtedly a worthwhile consideration. After all, steady returns often come from reasonable risk management.