Whales Flee as $ai16z Tumbles: $3.57M Profit Secured in Minutes

In the last 40 minutes, the top 17 whales holding $ai16z dumped 2.8 million tokens through a newly active address (22b1D...h6WJo), raking in $3.575M in profit 🥹. This adds to the whale’s staggering total profit of $10.862M on $ai16z so far.

The whale initially entered their position a month ago, acquiring 12.01M $ai16z at a bargain price of $0.3232. This latest sell-off follows another significant sale 19 days ago during a short-term correction. Despite the recent sell-off, the whale still holds 5.3M tokens, boasting a floating profit of $6.578M.

The sell pressure is reflecting in $ai16z's price, which has plunged 28.7% over the past three days 📉. With whales exiting one by one, all eyes are on key addresses like 9rbmB69pdC3FBiQK3yuudbNhoecd5FxJAEMeEe87ZkKp and 6RgUokvhhpqFHfFz4qXY9m24a26GHe7HeGT8nS8PDPsL to gauge the next big move.