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Altcoin Whale 2.41 Million Dollar Investment Leaves 307 Thousand Dollars in Loss! - Coin Bulletin
One of the bold players in the cryptocurrency market attracted attention by making a big purchase after the price drop in ai16z token.
According to on-chain and analysis platform Lookonchain data, this whale purchased approximately 1.93 million ai16z tokens by spending 12,890 SOL (about 2.41 million dollars). However, this investment is currently showing a loss of 307,000 dollars.
This move demonstrates the investor's view of the price drop in the ai16z token as an opportunity to buy. However, the current decline in the token's value reveals that this bold move has resulted in short-term losses. Whether the whale is pursuing a long-term strategy with this investment in the ai16z token or predicting a rapid recovery in price is a question of interest among the cryptocurrency community.