An address tracked by on-chain analyst Ai Yi bought $189,000 worth of CZ at an average price of $0.03048 about 14 hours ago, according to Odaily. The purchase took place at the rebound high during the burn of CZ at the CZ donation address. The position has since fallen 34.9%, leaving the address with an unrealized loss of $66,000. The wallet still holds the token. Ai Yi also said the address had previously focused mainly on trading memecoins on the Ethereum mainnet. The update points to a sharp drawdown shortly after entry, with the wallet remaining exposed to the token after buying near the local peak.
An address bought $189,000 worth of CZ at an average price of $0.03048 around 14 hours ago and is now sitting on an unrealized loss of $66,000, according to Odaily, citing on-chain analyst Ai Yi.
Ai Yi said the address entered at the rebound high during the burn of CZ at the CZ donation address. The position is currently down 34.9%, and the wallet still holds the token. The address had previously traded memecoins mainly on the Ethereum mainnet.
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