BlockBeats reported that on November 19, according to Lookonchain monitoring, the GxkX...W2Yg address sold a large amount of eliza before the ELIZA deployment, spending only 24.2 SOL (approximately 5,900 USD) to buy 233.12 million ELIZA (currently valued at 17.67 million USD), becoming the largest holder of ELIZA.
GxkX...W2Yg is suspected by the community to be the wallet of ai16z partner Logan (@futjr_).
In response to this, ai16z co-founder Shaw stated on social media, "Yes, he bought the wrong token, thinking it was our partner's token. When I told him there was no token yet, he sold it. This is definitely not insider trading."
