Crypto Whale Turns $2 Million Into $2 Million with AI-Powered Token

Crypto Whale Turns $2 Million Into $2 Million with AI-Powered Token

06 Jan Crypto News

A cryptocurrency whale has managed to turn an investment of around $2 million into more than $21 million by betting on a popular cryptocurrency linked to an artificial intelligence agent in a matter of months.

According to data from on-chain analysis service Lookonchain, the trader bought 10.6 million tokens of the decentralized artificial intelligence (AI) trading fund ai16z for $2.27 million, at an average price of $0.214 per token in November of last year.

The trader has since started moving their funds to decentralized exchange aggregator Jupiter to realize their gains. The trader has already sold $10.68 million via limit orders after registering a profit of around $19 million.

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