Crypto whale “8u6u3” lately entered the AI token market with two main acquisitions utilizing $7.42 million by way of their pockets handle “8u6u3.” This whale invested $7.42 million inside three hours by buying each trending AI-related cryptocurrencies $ARC and $ai16z.
$7.42M in #AI Token Buys: $ARC & $ai16z
Previously 3 hours, new whale "8u6u3" spent:
• 19,500 $SOL ($3.86M) for 12.511M $ARC at ~$0.309
• 18,000 $SOL ($3.56M) for six.508M #ai16z at ~$0.546
Notably, this whale withdrew 38,139 $SOL from #Coinbase 7 days in the past at $216.07, probably… pic.twitter.com/1V0jhSfhrq— Spot On Chain (@spotonchain) February 11, 2025
Breakdown of the AI Token Purchases
A whale demonstrated their actions by way of two main transactions that appeared on blockchain knowledge. The whale spent 19,500 SOL price $3.86 million to accumulate 12.511 million $ARC at a median value of $0.309. This whale acquired 6.508 million $ai16z by spending 18,000 SOL which roughly amounted to $3.56 million at a $0.546 value level.
It appears the huge buying exercise displayed a cautious strategic sequence. Every week earlier than these large-scale acquisitions the whale eliminated their SOL funds from Coinbase price 38,139 SOL at a $216.07 per token charge.
Market Affect
These shopping for actions prompted speedy market actions. Wholesale shopping for actions by the whale led to a excessive appreciation of $ARC by 81% and $ai16z worth that rose 35%. The market hypothesis rises as buyers ponder whether these sudden value fluctuations sign the beginning of an AI token value rally.
What’s Subsequent?
The crypto group actively displays upcoming AI token developments due to their rising reputation alongside investments from buyers with vital portfolio worth. Merchants surprise if the whale accumulation exercise constitutes the start of long-term value development or exists solely as a short lived market pump. AI tokens stay in focus as a result of their market will bear elevated volatility in upcoming days.
