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