Blockchain tracking company Lookonchain says a savvy crypto trader is looking at $17.64 million in profits from four artificial intelligence (AI)-related digital assets.
According to Lookonchain, an anonymous trader raked in multi-million dollar winnings on each of the following digital assets located on the Solana (SOL) network: Goatseus Maximus (GOAT), ai16z (AI16z), Fartcoin (FARTCOIN), and AI Rig Complex (ARC).
“What a smart AI coin trader! Profits on GOAT amounted to more than $5.14 million. Profits on ai16z exceeded $4.5 million. Profits on Fartcoin exceeded $4 million. Profits exceeded $4 million on Arc.”
Look at chain say the trader made a profit of over 8.287% with his GOAT purchase.
“This trader got into GOAT when the market cap was less than $2 million, spent $62,000 to buy 11.1 million GOAT, and sold all the GOAT for $5.2 million, making a profit of $5.14 million.”
GOAT is trading at $0.51 at the time of writing, down 4.9% in the last 24 hours. With a market cap of $512.1 million, GOAT is the 208th largest crypto project.
Next up is Lookonchain say the trader turned $123,000 into over $4.6 million after purchasing ai16z in november.
“This trader used ai16z when the market cap was $22 million, spent $123,000 to buy 6.17 million ai16z and sold 4.67 million ai16z for $1.78 million. He currently owns 2.65 million ai16z ($2.9 million), with total earnings of over $4.5 million.”
At the time of writing, ai16z is trading at $2.19, up 20.5% in the last 24 hours. With a market capitalization of $2.4 billion, the digital asset is the 67th largest crypto project.
Then the trader turned according to Lookonchain, a profit of over 3,338% when trading Fartcoin.
“This trader got into Fartcoin when the market cap was less than $7 million, spent $121,000 to buy 9.46 million Fartcoin and sold 6.81 million Fartcoin for $610,000. He currently owns 2.65 million Fartcoin ($3.55 million), with total winnings of over $4 million.”
Fartcoin is trading at $1.17 at the time of writing, down 9.5% in the last 24 hours. The altcoin has a market cap of $1.17 billion, making it the 119th largest crypto project.
Finally, the trader made more than a 1,886% gain on ARC trading.
“This trader got into ARC when the market cap was $15 million, spent $212,000 to buy 11.6 million ARC and sold 1.6 million ARC for $212,000 back. He currently owns 10 million ARC ($4 million), with total profits of $4 million.”
ARC is trading at $0.43 at the time of writing, up 19.7% in the last 24 hours. With a market capitalization of $435 million, altcoin is the 239th largest crypto project.
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Generated image: Midjourney