ChainCatcher Message, recently GMGN market data shows that ai16z's market value briefly exceeded 2.7 billion USD, setting a new historical high, and the current market value is reported at 2.6 billion USD. The current coin price is reported at 2.354 USD, with an astonishing increase of 29.1% within 24 hours. At the same time, the 24-hour trading volume has also reached 104 million USD, indicating strong market attention towards this cryptocurrency. The fluctuations in market value and price reflect investors' interest and confidence in ai16z, but one should also be wary of the risks brought by market volatility. Through on-chain data analysis, we can better understand the driving factors behind this phenomenon.