Blockchain tracking company Lookonchain claims a savvy crypto trader generated astronomical returns on an artificial intelligence (AI)-linked digital asset in just three months.
According to Lookonchain, an anonymous trader made huge profits after purchasing almost 21 million utility tokens for AI agent project ai16z (AI16Z).
“This trader spotted ai16z early on October 25, 2024. He purchased 13.45 million ai16z for $70,000 and 7.45 million ai16z for $547,000. He currently holds 6 million ai16z ($11.04 million), with a total profit of $11.5 million – a return of 16,564%! »
AI16Z is trading at $1.37 at the time of writing, down 20.4% in the last 24 hours. The Solana-based altcoin (SOL) has a market cap of $1.5 billion, making it the 84th largest crypto project.
The trader is also making massive profits on two other AI-focused projects based on Solana.
Lookonchain claims that the trader made a gain of over 808% on its investment in Zerebro (ZEREBRO).
“This trader imitated ZEREBRO when its market cap was $11 million, spent $295,000 to buy 6.45 million ZEREBRO, and sold 1.4 million ZEREBRO for $697,000. He currently holds 5 million ZEREBRO ($1.98 million), with a total profit of $2.38 million.
He also noted a gain of more than 2,648% on his GRIFFAIN (GRIFFAIN) purchases.
“This trader imitated GRIFFAIN when its market cap was less than $8 million, spent $125,000 to buy 8.05 million GRIFFAIN, and sold 3.05 million GRIFFAIN for $1.22 million. He currently holds 5 million GRIFFAIN ($2.22 million), for a total profit of $3.32 million.
Zerebro is trading at $0.29 at the time of writing, down 17.5% in the last 24 hours. With a market capitalization of $299.8 million, the altcoin is the 276th largest crypto project.
Meanwhile, GRIFFAIN is trading at $0.34 at the time of writing, down 15.9% in the last 24 hours. With a market capitalization of $342.6 million, the altcoin is the 256th largest crypto project.
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