A whale known for profiting significantly from $ai16z has made another noteworthy move. Here's a breakdown of the situation:
1. Initial Investment in $ai16z: The whale purchased 14.08M $ai16z tokens for $1.15M.
2. Partial Sale: Sold 7.87M $ai16z tokens for a total of $5.57M, securing a substantial profit.
3. Remaining Holdings: Still holds 6.21M $ai16z, currently valued at $5.08M.
4. Recent Activity: About 2 hours ago, exchanged 500K $ai16z (worth approximately $412K) for $PENGU, suggesting renewed interest or strategy involving $PENGU.
The whale's actions highlight their strategic trading and significant influence in the $ai16z ecosystem.