After Binance’s Announcement, the AI Altcoin Whales are Active – Here are the Altcoins They Bought and Sold
After the world’s largest cryptocurrency exchange Binance listed Swarms (SWARMS), an altcoin themed around artificial intelligence and memecoin, on its futures market, a crypto whale made a move in response.
A crypto whale has sold 4.5 million SWARMS tokens worth $2.14 million. However, it seems the whale has not given up hope on the token yet. The whale wallet currently holds another 15.28 million SWARMS tokens worth $7.2 million.
The whale does not have any other notable altcoins in his wallet.
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On the other hand, there are other developments made by whales in the field of artificial intelligence.
According to the data, a crypto whale who recently made a profit of $12.8 million in AI16Z tokens sold $3 million worth of AI16Z and then bought $2 million worth of ARC.
When Onchain data is examined, this trader first purchased $5.76 million worth of AI16Z and sold some of them for $7.5 million, making a total profit of $12.8 million.
In addition, this crypto whale has been purchasing ARC at an average price of $0.32, spending $3.25 million since December 26.
*This is not investment advice.
Continue Reading: After Binance’s Announcement, the AI Altcoin Whales are Active – Here are the Altcoins They Bought and Sold