This Trader Missed Out On $41 Million In Profit With…No, Not Dogecoin—AI Meme Coins
Posted On February 4, 2025
Ai16z (CRYPTO: AI16Z) and Zerebro (CRYPTO: ZEREBRO)—two prominent AI-related cryptocurrencies—cost a whale trader a substantial sum due to missed profit-taking opportunities.
What Happened: Lookonchain data highlighted the whale holding an unrealized profit of $40.8 million on Jan. 2, but the trader chose not to sell.
By Jan. 9, the trader sold ZEREBRO holdings, incurring a loss of $1 million, and on Feb. 3, offloaded 21.34 million AI16Z for $9.18 million, incurring another $1 million loss.
The past month has seen both AI16Z and ZEREBRO take heavy hits, with AI16Z …
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