TechFlow reports, on December 19, according to on-chain analyst Ai Aunt's monitoring, a whale who lost nearly half of their position yesterday on ELIZA (uppercase and lowercase) spent another $850,000 buying ai16z over the past 14 hours. Four hours later, they exited at a loss of $60,000, selling at $0.794 versus a cost basis of $0.854, representing a 7% loss.
The ARC used for this rotation has surged 54% in the past 24 hours, rising from a purchase price of $0.1325 to a current price of $0.2154. However, the whale sold out at $0.1198, realizing a $90,000 loss. If they had held, they would now have an unrealized profit of $500,000.
Previous report: After false information was disseminated about Binance Alpha, this user sold 1.76 million ARC (approximately $170,000), using the proceeds to buy 1.42 million uppercase ELIZA tokens at an average cost of $0.1376. They soon realized they had purchased the wrong token and switched into lowercase eliza at $0.09567, taking a $59,600 loss. When the news was confirmed as fake, eliza’s price plummeted, forcing the user to liquidate their entire position at $0.01157, incurring another $43,000 loss. Their total losses amounted to 52.5%.
