PANews reported on January 10 that according to on-chain analyst @ai_9684xtpa, the top 7 whales of a16z bought an additional 1.61 million dollars worth of a16z tokens 9 hours ago at an average price of $1.46.
Affected by a16z founder Shaw's tweet about selling tokens, the token price briefly dropped to $1.32 yesterday. The whale took the opportunity to buy the dips during the decline, and the added position has now gained $33,000 in profit. The whale currently holds a total of 18.62 million tokens (about $27.75 million).
