PANews reported on January 9 that according to monitoring by on-chain analyst @ai_9684xtpa, the top 17 whale holder of ai16z sold 2.8 million tokens through the new address 22b1D...h6WJo in the past 40 minutes, making a profit of $3.575 million. His total profit on a single coin on ai16z reached $10.862 million.
The whale had established a position of 12.01 million ai16z at a low price of $0.3232 a month ago. This was the second large-scale sale after the position was established (the last time was during a short-term correction 19 days ago); he currently still holds 5.3 million tokens, with a floating profit of $6.578 million.
ai16z has fallen 28.7% in the past three days, and whales are fleeing one after another.