Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
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.

Follow The Crypto Times on Google News to Stay Updated!
0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Honda prepares to send its hydrogen tech to space

Share link:In this post: Honda is working with Sierra Space and Tec-Masters, two space technology companies, to try their high-differential pressure water electrolysis system. Honda aims for hydrogen to help it get all of its cars off carbon by 2040. Honda says it will work with NASA to get the equipment to the ISS on Sierra Space’s Dream Chaser space plane.

Cryptopolitan2025/04/04 19:12

ETH just had lowest quarterly return since Q2 2022: Blockworks Research

The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said

Blockworks2025/04/04 18:22
ETH just had lowest quarterly return since Q2 2022: Blockworks Research