Rumors were put forward that there would be mobility in artificial intelligence coins. Block Chain Analysis Company Lookonchain reported that an unidentified whale attracted Coinbase (left) worth $ 5 million (left). According to analysts, these assets can be used to invest in artificial intelligence (AI) -oriented token, which has recently increased popularity.
Whale’s interest in AI tokens
According to the data shared by LOGONCHIN, the same investor had previously spent 38,138 left (7.8 million dollars) and acquired AI Rig Complex (ARC) and Ai16z (AI16Z). Finally, 25.306 left by pulling the AI tokens and signals that he continued to be interested in. Analysts say that AI Token’s interest in the market has begun to attract attention and investors are turning to this area.
AI16Z Token is traded for $ 0.4616 during spelling and lost 3 percent in the last 24 hours. Token, which has a market value of 507 million dollars, is the 122th largest crypto project. On the other hand, Arc, 0.2856 dollars and 8.7 percent decreased in the last 24 hours, he said. This Token’s market value is $ 286 million.
Ethereum whales also took action
Lookonchain also reported that not only Solana but also Ethereum (ETH) whales made a large amount of purchases. According to the analysis, two major investors attracted a total of 49,250 ETH ($ 131 million) from Binance and Bitfinex stock exchanges.
ETH fell below $ 3,000 at the beginning of this month and fluctuated around $ 2,600. However, it was traded for $ 2,640 during writing and did not experience almost price change in the last 24 hours. This movement may be a sign that ETH maintains its powerful position on the market.
Interest in artificial intelligence tokens is increasing
The movements of whales in the crypto currency market are considered as an important indicator for investors. In particular, the fact that large investors turn to AI Token shows that a new trend may occur in this field. The interest of AI projects on the Solana network may increase the importance of artificial intelligence -supported block chain projects.
Investors think that these developments can increase the interest in AI tokens and have a positive impact on prices. However, considering the volatility in the market, investors are advised to move cautiously.
