A16z has achieved over 12 million USD in on-chain profits this week, leading investment institutions

According to BlockBeats, on August 17, data from Nansen shows that the venture capital firm a16z achieved a profit of 12.06 million USD this week through 9 wallet addresses, standing out among investment institutions.

Master Ventures and Defiance Capital both achieved on-chain profits of 2.59 million USD and 942,800 USD respectively this week.