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A whale sold 4 million ai16z to stop loss, losing $1.92 million

A whale sold 4 million ai16z to stop loss, losing $1.92 million

CointimeCointime2025/05/01 03:33
By:Cointime

according to @lookonchain monitoring, a whale address purchased 6.51 million ai16z for 18,000 SOL (approximately $3.68 million) three months ago, at an average price of about $0.57. Today, the address sold 4 million ai16z at a price of $0.26, cashing out approximately $1.05 million, resulting in a loss of $1.92 million, and still holding 2.51 million ai16z (approximately $702,000).

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