According to cryptocurrency onchain data, two cryptocurrency whales have sold a large amount of the altcoin in which the whales have been active recently.
According to the data, two wallets that had not previously realized profit started selling the ai16z (AI16Z) token.
The whale with the wallet address CAR4F9…7XHT sold 1.14 million AI16Z tokens for $2.25 million. The whale has $568,000 worth of AI16Z tokens left in his wallet.
On the other hand, the crypto whale with the address 6C6bwA…MLxE sold 1.03 million AI16Z tokens for $2.49 million. However, the big crypto whale still has a large amount of AI16Z altcoins worth $6.8 million.
However, whales seem to be confused about this altcoin because two other large whales bought a total of approximately $6 million worth of AI16Z.
At the time of writing, the AI16Z price is trading at $2.03 and has a huge market cap of $2.23 billion. However, the fact that this altcoin is not yet listed on Binance and Coinbase brings with it some risks and it is useful to be careful.
*This is not investment advice.
