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Whale, who sold the popular Artificial Intelligence project, switched to two new altcoins - Coin Bulletin
An altcoin whale, has recently abandoned the artificial intelligence project that has caught the attention of whales and turned to two different altcoins.
Blockchain analytics platform Lookonchain has announced that a whale has made remarkable transactions in recent hours. According to reports, this whale made a profit of $1.66 million by selling a total of 1.29 million ai16z tokens ($2.68 million)**.
Switched to the other two projects
With the profit he obtained, the same whale bought 9.51 million Swarms tokens ($1.51 million) and 27.74 million ZAILGO tokens ($1.15 million).
These kinds of movements are attracting great attention due to their effects on the market. The high profit from the whale's ai16z sale indicates an early investment in this token. At the same time, investments in Swarms and ZAILGO reveal the whale's potential vision for the future of these two projects.
According to Solscan records, swarms have a market value of $206 million and are held in over 15,400 different wallets. In contrast, ZAILGO spreads across around 8,200 wallets with a market value of $68.9 million.