A whale on the fomo platform sold 6.096 million Artificial Inu (AI) tokens this morning, with the position valued at $2.03 million, according to ChainCatcher. The wallet still holds 17.5 million AI tokens worth $5.84 million. ChainCatcher said the trader’s total profit on AI, including realized and unrealized gains, stands at $7.56 million. Separately, GMGN market data showed that Artificial Inu fell more than 12% between 5:00 a.m. and 6:00 a.m. this morning. The report said the drop may have been linked to the whale’s sell-off. The move puts fresh attention on concentrated token holdings and the price impact that large holders can have during a short trading window.
A whale on the fomo platform sold 6.096 million Artificial Inu (AI) tokens this morning, worth $2.03 million, according to ChainCatcher.
The wallet still holds 17.5 million AI tokens valued at $5.84 million. Its total profit on AI, including realized and unrealized gains, stands at $7.56 million.
Separately, GMGN market data showed that Artificial Inu fell more than 12% between 5:00 a.m. and 6:00 a.m. this morning. The report said the decline may have been caused by the whale’s selling.
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