According to monitoring by ai_9684xtpa, a whale that spent $16.41 million building positions in PNUT, ai16z, and arc has incurred losses totaling $9.98 million, with assets shrinking by over 60%.

PNUT: Spent $9.12 million to build a position, cost $0.3448, closed the position two weeks ago, resulting in a loss of $4.975 million;

ai16z: Spent $5.6 million to build a position, cost $0.7447, currently has an unrealized loss of $4.58 million;

arc: Spent $2.77 million to build a position, cost $0.2914, closed the position two months ago, resulting in a loss of $426,000.

According to previous analysis, the address may belong to Galaxy Digital, but it's not currently confirmed whether it functions as a market maker for the three tokens.