Whale lost $1.92 million, finally cut losses and sold part of $ai16z

A whale holding $ai16z bought 6.51 million $ai16z three months ago at a price of $0.57, spending about $3.68 million. Today, he cut losses and sold 4 million $ai16z at a price of $0.26, incurring a loss of $1.92 million. The remaining 2.51 million $ai16z is still held, with a market value of about $702,000.

This whale's decision reflects possible pressure points in the market and changes in investor sentiment. With capital flows and price fluctuations, large investors in the market are showing a reassessment of risk.