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Traders sold off 20.06 million AI tokens before re-accumulating 7.445 million at lower prices, driving AI up 25%.

2026.10.29 - 01:01
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TechFlow reports, on October 29, on-chain analyst Ember (@EmberCN) noted that trader @Salem1299534 liquidated a 20.06 million AI position in a single transaction five days ago (October 24), exchanging it for 461 ETH (approximately $1.09 million), causing the AI price to instantly drop by 15%. About five hours ago today, the same trader repurchased 7.445 million AI (valued at approximately $612,000), pushing the AI price up by 25%.

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