ai16z – Profit-taking whales could push altcoin’s price down to… – BitRss

• Whales have begun cashing out from AI16Z’s wild rally
• Will the AI agent hold above $2 amid a hike in speculative activity? 

Over the last two weeks, AI agent ai16z [AI16Z] saw a massive 200% rally following bullish updates, including the expected Eliza agent launchpad in Q1 2025. Additionally, the token would be the primary ecosystem token with several value accrual features. 

However, whales have begun cashing out from their AI16Z positions, according to analytics firm LookOnChain. In its latest update, the firm stated, 

“Another whale sold all 2.27M $ai16z($4.77M) at $2.1 4 hours ago, making a profit of ~$4.47M(+1008%) on #ai16z.” 

Other wallets with significant unrealized profits also took profits as the token crossed $2 on 01 January. 

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