Whales Clash Over This Altcoin – Two Buy Huge Wallets, One Sells Big

According to cryptocurrency onchain data, whales made some complex transactions in an altcoin.

First, the data shows that a massive crypto whale sold $1.6 million worth of ai16z (AI16Z) tokens worth $2.19 million.

This crypto whale received 3.62 million AI16Z tokens from developers on the day the token was launched. Currently, he holds 1.77 AI16Z tokens worth $2.30 million with the recent sales.

Interestingly, however, according to data provided by cryptocurrency onchain company Lookonchain, two cryptocurrency whales purchased large amounts of AI16Z tokens. The first cryptocurrency whale paid $3.71 million to purchase 2.96 million AI16Z tokens. The average price was $1.25.

The second crypto whale spent $1.88 million to buy 1.51 million AI16Z tokens, with an average purchase price of $1.24.

At the time of writing, the AI16Z token price is trading at $1.22 and has lost 2.9% in the last 24 hours.

*This is not investment advice.