"AI16Z Whale Investor Sells 5.3 Million AI16Z... Expected to Realize Approximately 27.8 Billion KRW in Profit"
Minseung Kang
Summary
- A whale investor of AI16Z is reported to be selling 5.3 million AI16Z.
- The investor initially bought at $0.214 and has realized significant profits.
- The price of AI16Z has risen 5.86% from the previous day, trading at $2.
A whale investor of ai16z (AI16Z) is reportedly selling a large amount of their holdings.
On the 6th, blockchain data analysis firm Lookonchain announced on X (formerly Twitter) that "a whale investor is selling 5.3 million AI16Z through limit orders." The whale transferred 5.3 million AI16Z to Jupiter on this day and is selling the amount through limit orders.
Lookonchain added, "The whale purchased 10.6 million AI16Z at $0.214 from November 15 to 22 last year and has realized a profit of $19 million (approximately 27.8 billion KRW) through this investment."
The price of AI16Z is trading at $2, up 5.86% from the previous day, based on CoinMarketCap at 18:25 on this day.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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