$ai16z Token Surges as Whales Stack Millions in Tokens

As a seasoned researcher with years of experience tracking the crypto market, these recent moves by the whales in the $ai16z token have piqued my interest. The significant investments made by E9uD…Y9cf and 6gqH…dyDo are clear indicators of growing confidence in this particular digital asset.

As reported by Lookonchain and PANews, two prominent figures in the cryptocurrency world, often referred to as ‘whales’, have recently increased their holdings of the $ai16z token substantially.

One whale, identified by the address E9uD…Y9cf, bought 3.09 million $ai16z tokens worth $2.46 million just two hours ago. Over the past month, this whale has accumulated a total of 18.7 million $ai16z tokens valued at $15.72 million. 

2 entities, E9uD…Y9cf and 6gqH…dyDo, have recently purchased large amounts of AI16z tokens today. Specifically, E9uD…Y9cf bought approximately $2.46 million worth (3.09M tokens) around 2 hours ago, while 6gqH…dyDo bought about $1.27 million worth (1.4M tokens) around 15 hours ago. In the past month, E9uD…Y9cf has purchased a total of 18.7 million AI16z tokens ($15.72 million), with an unrealized profit of $7.36 million at an average price of around $0.45 per token.

— Lookonchain (@lookonchain) December 26, 2024

This investment has already resulted in an unrealized profit of approximately $7.36 million, with the tokens purchased at an average price of around $0.45.

6 gqH…dyDo recently invested 1.27 million dollars to acquire 1.4 million $ai16z tokens, a purchase made only 15 hours prior. Over the past week, this investor has accumulated a total of 7.2 million $ai16z tokens at a cost of 6.05 million dollars. Currently, this investor’s potential profit from this investment is 1.13 million dollars, with an average price per token of 0.68 dollars.

Such substantial transactions indicate a burgeoning enthusiasm for the $ai16z token, as even the big investors (whales) have reaped considerable profits from their investments within a brief span of time.

Beyond just owning $ai16z tokens, a significant investor has also boosted its portfolio by acquiring 2 million units of GRIFFAIN and 5,680 pieces of WSOL. Currently, this investor holds a total of 18.7 million $ai16z tokens, worth roughly $15.83 million, which represents around 1.7% of the entire token supply. The average cost per $ai16z token for this whale is $0.48, translating to a potential profit of about $6.9 million.

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2024-12-26 15:49