Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
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

Netflix faces backlash for using AI-generated voice of Gabby Petito

Share link:In this post: Netflix used AI to recreate Gabby Petito’s voice in its new docuseries, and people are calling it disturbing and unethical. Viewers slammed Netflix online, saying AI shouldn’t be used to digitally recreate a murder victim’s voice for a documentary. Gabby’s family approved it, but experts argue that murder victims don’t get a say in how their voice is used after death.

Cryptopolitan2025/02/23 17:22

Trump’s Republican allies unsettled by Elon Musk’s D.O.G.E

Share link:In this post: Elon Musk’s D.O.G.E. has gutted the CFPB, firing employees, shutting down enforcement, and wiping the agency’s name off its headquarters—leaving Trump allies worried it could backfire in court. Russell Vought and other Trump officials fear Elon’s reckless approach could bring lawsuits, allowing the CFPB to survive instead of being quietly dismantled. Government employees are suing the Trump administration anonymously, afraid Elon’s attacks on X and mass firings could put them at ri

Cryptopolitan2025/02/23 17:22

Vitalik Buterin joins the resistance against the UK government’s push for Apple user data

Share link:In this post: Vitalik Buterin criticized the UK government for its recent demands for backdoor access to Apple user data. This will be the first time Apple is disabling its data security tool. Apple reassures users that some data, such as health app data, passwords, and communications on iMessage and FaceTime, will remain end-to-end encrypted.

Cryptopolitan2025/02/23 17:22