Whale Seizes the Dip: Adds $1.61M in ai16z Amid Founder’s Sell Signal
Nine hours ago, a whale took advantage of the recent dip in $ai16z, adding $1.61M worth of tokens at an average price of $1.46 via a secondary account.
The dip followed a tweet from $ai16z founder Shaw announcing his intention to sell coins, which pushed the price down to $1.32 yesterday .
The whale capitalized on the decline, and their new position is already showing a floating profit of $33,000.
Currently, the whale holds 18.62M ai16z tokens, valued at approximately $27.75M.
Adding position address: E9uDts8F8D8KsVmnZgwyn722ANShnc2MvT5v4GPbY9cf
Primary position address: DJnHztNmw1H56uYm98PNu5eVZ5yhi9482rZ9zA22TUUz
The whale’s strategic timing hints at confidence in the token’s recovery. 🐋