AI Tokens Explode as Whale Loads Up – Is $AI16Z on the Verge of a Parabolic Run?

Description

A single whale made a major move into AI tokens this week, triggering a surge in $AI16Z and $ARC, which have now posted 7-day gains of 60.7% and 95.5%, respectively. On-chain data from Spot On Chain reveals that this investor withdrew $8.24 million from Coinbase before going on a buying spree, acquiring $3.86 million worth of $ARC and $3.56 million worth of $AI16Z. This strategic accumulation has fueled renewed interest in the AI sector, with traders speculating that institutional money could be...