An ai16z whale sold nearly $5 million worth of ai16z tokens, making a profit of $4.46 million

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Cointime2025/01/03 04:44

By:Cointime

according to on-chain analyst @ai_9684xtpa, in the past hour and a half, two addresses belonging to the same ai16z whale sold tokens worth 4.988 million US dollars, causing a short-term drop in the coin price of more than 15%. Address 3DKfZ...RqkKC had already built positions in ai16z a month ago at an average price of $0.1626, with a cost of only $446,000. Today, he took advantage of the rising coin price to liquidate all his holdings, earning $4.46 million with a return rate of 938%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14