PANews reported on January 9 that on-chain analyst @ai_9684xtpa monitored that a whale holding ai16z TOP17 sold 2.8 million tokens through a new address 22b1D...h6WJo in the past 40 minutes, making a profit of $3.575 million. His total profit from a single coin on ai16z has reached $10.862 million.
This whale had already built a position of 12.01 million ai16z at a low price of $0.3232 a month ago, and this is the second large-scale sell-off after building the position (the last one was during a short-term correction 19 days ago); currently, he still holds 5.3 million tokens, with an unrealized profit of $6.578 million.
ai16z has fallen 28.7% in the last three days, and whales are gradually fleeing.