An ai16z whale is selling 5.3 million tokens via limit orders

Look On Chain monitoring shows that a whale named ai16z has deposited 5.3 million ai16z tokens (worth $10.68 million) into the Jupiter platform and is selling them through limit orders in the past four hours.

This whale previously purchased 10.6 million ai16z tokens at an average price of $0.214 per token between November 15th and 22nd, 2024, with a total cost of approximately $2.27 million, and has currently made a profit of approximately $19 million.