A Whale Sells Off Entire A16Z Position, Profits Over $4 Million

BlockBeats News, January 16th, according to OnchainLens monitoring, a whale sold all of its AI16Z, making a profit of $4.04 million.

The whale accumulated a total of 6.35 million AI16Z by investing 7,745 SOL (worth $1.58 million at the time) and 1.87 million USDC between December 2nd and December 8th, 2024.

Subsequently, the whale sold all AI16Z, converting it back to 38,053 SOL (worth $7.46 million at the time) and 29,546 USDC, with a total profit of $4.04 million.

Address: 9gcGLQos7vZFYoTr1c3d6sxZu4Q7uuuJUhLop95H12R3