Blockchain tracking firm Lookonchain says a crypto whale suddenly withdrew $5 million worth of Solana (SOL<\/a>) to possibly buy more artificial intelligence (AI) related tokens.<\/p>\n According to Lookonchain, an anonymous deep-pocketed investor spent<\/a> nearly $8 million of Solana to buy AI-focused altcoins AI Rig Complex (ARC<\/a>) and ai16z (AI16z<\/a>) and then withdrew more than 25,000 SOL from Coinbase.<\/p>\n The whale may now use the SOL to buy even more AI-related tokens, as Lookonchain suggests<\/a> the AI token trend may be making a \u201ccomeback.\u201d<\/p>\n \u201cThe mysterious whale withdrew another 25,306 SOL ($5 million) from Coinbase [Tuesday], possibly to buy more AI tokens. [Earlier ] the whale spent 38,138 SOL ($7.8 million) buying arc and ai16z.\u201d <\/em><\/p>\n AI16z is trading for $0.4746 at time of writing, down 8.9% in the last 24 hours. With a market cap of $530.2 million, the Solana-based token is the 158th largest crypto project.<\/p>\n Meanwhile, ARC is trading for $0.3285 at time of writing, up 13.6% in the last 24 hours. With a market cap of $321.1 million, the Solana-based token is the 228th largest crypto project.<\/p>\n Lookonchain also reports<\/a> crypto whales are suddenly buying massive amounts of Ethereum (ETH<\/a>).<\/p>\n Ethereum plummeted below $3,000 earlier this month and has since been chopping around the $2,600 level.<\/p>\n \u201cThese two whales withdrew another 49,250 ETH ($131 million) from Binance and Bitfinex.\u201d <\/em><\/p>\n ETH is trading for $2,678 at time of writing, up 3.2% in the last 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n
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