According to data from Lookonchain and PANews, two large cryptocurrency investors, known as whales, recently made significant purchases of the $ai16z token.
A whale identified by the address E9uD…Y9cf purchased 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, worth $15.72 million.
This investment has already resulted in an unrealized profit of approximately $7.36 million, with the tokens purchased at an average price of approximately $0.45.
Another whale, 6gqH…dyDo, made a sizeable purchase of 1.4 million $ai16z tokens for $1.27 million just 15 hours ago. Last week, this whale purchased 7.2 million $ai16z tokens, for a total value of $6.05 million. The unrealized profit for this investor is currently $1.13 million, with an average cost of $0.68 per token.
These large purchases make it clear…