An altcoin whale has recently divested himself of an artificial intelligence project that had been on the whales’ radar, and has turned to two different altcoins.
Blockchain analytics platform Lookonchain has announced that a whale has made remarkable transactions in the last hours. According to the reports, this whale sold a total of 1.29 million ai16z tokens ($2.68 million) and made a profit of $1.66 million.
He moved on to two other projects
With his earnings, the same whale purchased 9.51 million Swarms tokens ($1.51 million) and 27.74 million ZAILGO tokens ($1.15 million).
Such moves are of great interest due to their impact on the market. The whale’s high profit from selling ai16z suggests that he is an early buyer of this token. At the same time, investments in Swarms and ZAILGO suggest that the whale sees potential in the future of these two projects.
According to Solscan records, swarms has a market cap of $206 million and is held in more than 15,400 different wallets, while ZAILGO is spread across around 8,200 wallets with a market cap of $68.9 million.
Stay tuned