TechFlow reports that on February 11, according to Onchain Lens monitoring, a wallet address created just seven days ago withdrew 38,138 SOL (approximately $7.57 million) from Coinbase. It then used 15,000 SOL (approximately $3.06 million) to purchase 5.48 million AI16Z tokens and 11,250 SOL (approximately $2.29 million) to buy 7.31 million ARC tokens. The wallet currently holds 11,889 SOL.
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