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Altcoin News

Crypto whale Earns $40.8 million trading $ai16z and $ZEREBRO

Written By:
Jahnu Jagtap

Last updated: January 3, 2025 2:08 AM
Published 2025-01-02
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Crypto whale Earns $40.8 million trading $ai16z and $ZEREBRO

Crypto whales make it easy to look to make money, as shown by this whale, because in 1 month they made $40.8 million by investing in just two tokes, $ai16z and $ZEREBRO. 

According to data from Lookonchain, an on-chain analytics platform, the whale began accumulating these assets on November 28th. Over time, they invested $9.33 million in 19.83 million $ai16z tokens and $5.89 million in 15.4 million $ZEREBRO tokens.

whale makes 40 Million
Source: X

As of today, those holdings have ballooned in value. The $ai16z investment is now worth $45.4 million, representing a whopping 387% return and a $36 million profit. Meanwhile, the $ZEREBRO portion has grown to $10.37 million, an 82% increase generating $4.8 million in profit.

This successful trade highlights the immense potential for profit in the volatile cryptocurrency market, where fortunes can be made or lost very quickly. It also demonstrates the growing influence of whales, individuals or entities holding large amounts of cryptocurrency, who can significantly impact market prices with their trades.

Also Read: Musk’s Name Change Turns $66 into $3 Million for Trader

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
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Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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