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A certain address traded ai16z and earned $12.8 million in profits, increasing its holdings by $2 million worth of arc

A certain address traded ai16z and earned $12.8 million in profits, increasing its holdings by $2 million worth of arc

CointimeCointime2025/01/07 16:56
By:Cointime

a certain trader earned a profit of $12.8 million on ai16z and sold 1.35 million ai16z (worth $3 million) today, and bought 4.92 million arc (worth $2 million).

The trader initially spent 25,439 SOL (worth $5.76 million) to purchase 109.6 million ai16z, then sold 5.63 million ai16z (worth $7.5 million), and was left with 5.33 million ai16z (worth $11.09 million), realizing a profit of $12.8 million.

In addition, the trader has spent $3.25 million in USDC to purchase 10.2 million arc since December 26, with an average purchase price of $0.32.

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