Blockchain tracking firm Lookonchain says one savvy crypto trader is looking at $17.64 million in profits from four artificial intelligence (AI) related digital assets.
According to Lookonchain, one anonymous trader raked in multi-million dollar profits on each of the following digital assets that are on the Solana (SOL) network: Goatseus Maximus (GOAT), ai16z (AI16z), Fartcoin (FARTCOIN) and AI Rig Complex (ARC).
“What a smart AI coin trader! Profits exceeded $5.14 million on GOAT. Profits exceeded $4.5 million on ai16z. Profits exceeded $4 million on Fartcoin. Profits exceeded $4M on Arc.”
Lookonchain says the trader made a more than 8,287% gain from his GOAT buy.
“This trader aped into GOAT when its market cap was less than $2 million, spent $62,000 to buy 11.1 million GOAT, and sold all GOAT for $5.2 million, with a profit of $5.14 million.”
GOAT is trading for $0.51 at 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, Lookonchain says the trader turned $123,000 into more than $4.6 million after buying ai16z in November.
“This trader aped into ai16z when its 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 holds 2.65 million ai16z ($2.9 million), with a total profit of more than $4.5 million.”
At time of writing, ai16z is trading for $2.19, up 20.5% in the last 24 hours. With a market cap of $2.4 billion, the digital asset is the 67th largest crypto project.
Next up, the trader turned a more than 3,338% gain when trading Fartcoin, according to Lookonchain.
“This trader aped into Fartcoin when its 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 holds 2.65 million Fartcoin ($3.55 million), with a total profit of more than $4 million.”
Fartcoin is trading for $1.17 at 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.
Lastly, the trader made more than a 1,886% gain on trading ARC.
“This trader aped into ARC when its 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 holds 10 million ARC ($4 million), with a total profit of $4 million.”
ARC is trading for $0.43 at time of writing, up 19.7% in the last 24 hours. With a market cap of $435 million, altcoin is the 239th largest crypto project.
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