#Whale dumps AI16z for $3.57 million profit#
Hot Topic Overview
Overview
Recently, a whale holding a16z tokens sold 2.8 million tokens in the past 40 minutes, making a profit of $3.575 million. This whale had bought 12.01 million a16z tokens 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 indicates that the price of a16z may face a pullback risk, and investors should be cautious.
Ace Hot Topic Analysis
Analysis
Recently, on-chain analysts have monitored a whale named "ai16z TOP17" that has sold 2.8 million ai16z tokens through a new address in the past 40 minutes, generating a profit of $3.575 million. This whale had previously accumulated 12.01 million ai16z tokens at a low price of $0.3232 a month ago. This is the second large-scale sell-off after its initial accumulation, and it still holds 5.3 million tokens with an unrealized profit of $6.578 million. This sell-off has attracted market attention, with some analysts believing it could be a profit-taking move or a short-term pullback operation. Regardless, this event reflects the volatile sentiment towards ai16z and the influence of whales on the market. It's worth noting that another whale named "LLM Holdings TOP5" has recently bought LLM tokens at a low price and gained significant profits, indicating that there are investors in the market with keen insights into the cryptocurrency market who can seize opportunities presented by market fluctuations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale invests and profits in the AI field
Giant whale builds a position at a low price and sells to profit after the price rises
Giant whale's investment behavior may have an impact on market prices
Giant whale's investment strategy is worth paying attention to