A savvy crypto trader has reportedly made massive profits on an AI-related digital asset in a short period of time, according to blockchain tracking firm Lookonchain.
The trader, who remains anonymous, purchased 8.5 million utility tokens for AIXBT by Virtuals (AIXBT), a crypto market intelligence platform developed by the AI agent project Virtuals Protocol, and has seen significant returns.
Lookonchain reveals that the trader spent $166,000 to acquire the 8.5 million AIXBT tokens, which are now valued at $7.7 million, resulting in an unrealized profit of $7.5 million. AIXBT is currently trading at $0.841, marking a 35x increase since November 3rd.
In addition to AIXBT, the trader is also profiting from investments in GAME by Virtuals (GAME) and Cookie DAO (COOKIE), both AI agents-related projects. The trader spent $702,000 on 20 million GAME tokens, with an unrealized profit of $4.3 million, and $119,000 on 1.45 million COOKIE tokens, with an unrealized profit of $727,000.
GAME is currently trading at $0.21, down 17.8% in the last 24 hours, while COOKIE is trading at $0.53, down 11.6% on the day.
Lookonchain also reports that another anonymous trader is on track to make substantial profits on Ava AI (AVA), another AI-related project, with a potential profit of $1.6 million (+9,700%).
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