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The market is watching a big shift right now. New reports show that Russia has started selling a large amount of its gold reserves to cover growing financial pressure at home. This move is creating strong interest in gold backed assets, and traders are keeping a close eye on coins like $PAXG , $BTC , and $ETH as money moves between safe assets.
According to new data, Russia is using its gold to support the weak ruble, fill a growing budget gap, and help companies that are struggling with cash problems. The country once held a strong national wealth fund, but it has dropped sharply over the past few years. The numbers are moving fast and the pressure is rising across their economy.
Many analysts think Russia may sell around 30 billion dollars worth of gold this year and more next year. Large selling like this can affect global liquidity and can also push traders to look for safer or faster moving assets. That is why many people are checking gold backed crypto like PAXG, watching how it reacts to global movement. Even BTC and BNB have seen more attention as traders look for strong charts with clear direction.
When a big player sells this much gold, it usually creates waves across the market. Some traders see it as a chance to move into assets with steady value. Others use it to look for short term trades during volatility. The next few weeks may bring even more movement as the selling continues.
If the trend grows, crypto may see stronger demand while gold markets shift. Many traders are waiting to see if PAXG holds strong or if BTC takes the lead again. For now, the focus stays on how the global market responds to this heavy selling.
Educational content. Not financial advice.




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