News

Whales And Institutions Accumulate AIXBT Amid Rising AI Token Momentum

Major whales and institutions, already profiting $49.89 million from AAVE and UNI, are now focusing on AIXBT.

Recent blockchain data reveals ongoing accumulation through Wintermute, with 2.61 million AIXBT tokens ($1.3 million) received just three hours ago.

Since December 4, these entities have transferred 6.1 million USDC to Wintermute and acquired 12.99 million AIXBT ($4.26 million), 31.25 million NFTXBT ($0.5 million), and 1,136 EMP ($0.33 million). Notably, AIXBT alone has generated a floating profit of $2.15 million, reflecting a 50% gain.

AIXBT has surged 39% to a current price of $0.5018, now commanding 65% of the AI agent market’s mindshare. Recently listed on Binance Alpha, it holds the #197 rank on CoinGecko, boasting a market cap exceeding $500 million. As the largest AI agent within the Virtuals ecosystem, AIXBT has gained significant traction across the Base network, surpassing memecoins like TURBO and DEGEN in trading activity.

Meanwhile, whale activity continues in the broader AI token space. Wallets 6ZFcxR…JkZV and HRQXKj…bVFr, possibly controlled by the same entity, spent 22,641 SOL ($4.34 million) to purchase 2.62 million ai16z tokens at an average price of $1.66 over the past five hours. Similarly, wallet FU9b2c…fHyc bought 1.19 million ai16z tokens at $1.39, spending 1.65 million USDC just eight hours ago.

Related Post

This surge in interest reflects a growing shift toward decentralized AI projects, with AIXBT emerging as a market leader in this rapidly evolving sector. Its impressive growth highlights the increasing focus on AI-driven solutions within the crypto ecosystem.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: loft39studio/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu
Tags: cryptoWhale

Recent Posts

Starknet Introduces STRK20 To Bring Built-In Privacy To ERC-20 Tokens

The team behind Starknet has introduced a new token standard aimed at solving one of…

2 days ago

Meta Acquires Moltbook, A Social Network Built For AI Agents To Interact And Coordinate

In a move that highlights the growing race to build infrastructure for autonomous artificial intelligence,…

2 days ago

Polymarket Partners With Palantir To Develop AI Platform For Sports Betting Integrity

Prediction market platform Polymarket has entered a new partnership with Palantir Technologies and artificial intelligence…

2 days ago

Ethereum Foundation Begins Staking Treasury ETH Using Bitwise Infrastructure

The Ethereum Foundation has begun staking part of its treasury, marking a significant step in…

3 days ago

Cyberconnect And SurfAI Founder Reportedly Under Investigation In China

Fresh reports circulating in the crypto space suggest that Wei Jiequan, better known as Wilson…

3 days ago

Virtuals And dAI Launch ERC-8183 To Enable Trustless Agentic Commerce On Ethereum

The infrastructure powering autonomous AI agents on Ethereum is slowly coming together. Payments, trust layers,…

3 days ago