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Whales’ Huge $ai16z Purchases Lead to Big Profits

Whales’ Huge $ai16z Purchases Lead to Big Profits

CryptotimesCryptotimes2024/12/26 12:44
By:Dishita MalvaniaDhara Chavda

The unrealized profit for this investor currently stands at $1.13 million, with an average cost of $0.68 per token.

Two major cryptocurrency investors, known as whales, have made significant purchases of the $ai16z token recently, according to data from Lookonchain.

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 whales bought more $ai16z today. #ai16z

E9uD…Y9cf bought 3.09M $ai16z($2.46M) 2 hours ago.

The whale has bought 18.7M $ai16z($15.72M) at ~$0.45 in the past month, with an unrealized profit of $7.36M. https://t.co/CBN4YKHWqk

6gqH…dyDo bought 1.4M $ai16z($1.27M) 15 hours… pic.twitter.com/CNuDRdzBtz

— 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.

Another whale, 6gqH…dyDo , made a substantial purchase of 1.4 million $ai16z tokens for $1.27 million just 15 hours ago. In the past week, this whale has bought 7.2 million $ai16z tokens, totaling $6.05 million. The unrealized profit for this investor currently stands at $1.13 million, with an average cost of $0.68 per token.

These large purchases highlight the growing interest in the $ai16z token, with both whales seeing significant gains from their investments in a relatively short period.

In addition to the $ai16z tokens, A Whale recently increased its holdings in other digital assets, including 2 million GRIFFAIN and 5,680 WSOL. This investor’s total holding in $ai16z now amounts to 18.7 million tokens, worth approximately $15.83 million, making up about 1.7% of the total token supply. The whale’s average cost per token is $0.48, resulting in a floating profit of $6.9 million.

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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.

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