Blockchain Analyst Reports Significant Arc Token Purchase

According to Odaily, blockchain data analyst @ai_9684xtpa has reported that a prominent address has spent $1.495 million to increase its holdings of arc tokens over the past nine hours. The address now holds 17.2 million arc tokens, with an accumulated unrealized loss of $1.02 million. The address began acquiring tokens on December 26 of last year, purchasing in three batches at an average cost of $0.3153 per token, while the current price stands at $0.2417. Additionally, the address holds ai16z tokens valued at $5.75 million, with the latest acquisition round resulting in an unrealized loss of $4.15 million.