Azerbaijan has already fired the first shot in the gold price collapse


In the first quarter of 2026, the Azerbaijan State Oil Fund (SOFAZ) sold about 22 tons of gold, valued at over $3 billion at current prices.
This is the fund's first reduction since it started buying gold in 2012, breaking a 14-year record of "only buying, never selling."
This is not an ordinary signal; it’s quite dangerous. ⚠️
Originally, it only sells when it cannot sell anymore; the mechanism of this country is that when the gold price holds a too high proportion or is too expensive, it must sell.
This operation is equivalent to the most steadfast ETH holders selling ETH on a large scale, and the most steadfast BNB holders selling BNB on a large scale.
#ETH # BNB #Gold
ETH-2.76%
BNB-1.04%
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