An ai16z whale sold nearly $5 million worth of ai16z tokens, making a profit of $4.46 million
according to on-chain analyst @ai_9684xtpa, in the past hour and a half, two addresses belonging to the same ai16z whale sold tokens worth 4.988 million US dollars, causing a short-term drop in the coin price of more than 15%. Address 3DKfZ...RqkKC had already built positions in ai16z a month ago at an average price of $0.1626, with a cost of only $446,000. Today, he took advantage of the rising coin price to liquidate all his holdings, earning $4.46 million with a return rate of 938%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano’s Path to $4? Analyst Predicts Massive Surge Ahead
Fed Governor Kugler: We are on track to our 2% inflation goal
Analysis: US SEC's legal dispute with Ripple may be resolved by April or May