#Whale dumps AI16z for $3.57 million profit#
Hot Topic Overview
Overview
Recently, a whale holding a16z tokens has made a profit of $3.575 million by selling 2.8 million tokens in the past 40 minutes. The whale had bought 12.01 million a16z tokens at a low price of $0.3232 a month ago, and this is the second large-scale sell-off after its initial purchase. Currently, the whale still holds 5.3 million tokens with an unrealized profit of $6.578 million. This event has sparked market attention on the price trend of a16z tokens, and also reflects the profit expectations of some investors in the short term.
Ace Hot Topic Analysis
Analysis
Recently, on-chain analysts have monitored that the ai16z TOP17 whale holding has sold 2.8 million tokens through a new address in the past 40 minutes, making a profit of $3.575 million. The whale had bought 12.01 million ai16z at a low price of $0.3232 a month ago. This is the second large-scale sell-off after its initial purchase. It currently holds 5.3 million tokens with an unrealized profit of $6.578 million. This sell-off has attracted market attention. Some analysts believe that this may be the whale taking profits, or it may be adjusting its position, but the specific reason is still unclear. It is worth noting that the whale's total profit on ai16z is as high as $10.862 million, which shows that its investment strategy in ai16z is successful.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whales build positions at low prices and then sell to make significant profits.
Giant whale selling behavior may lead to short-term price pullbacks.
Giant whales still hold some tokens, indicating an optimistic outlook on the project's future development.
Giant whale selling behavior may trigger market panic.