Lookonchain: Salem Sells 20.06M $AI for $1.1M
Lookonchain reports Salem sold all 20.06M $AI tokens for 460.9 ETH valued at $1.1 million in one transaction, locking in a $2.9 million profit on the position.
SourceAnalysis
Lookonchain flagged that Salem dumped his entire 20.06M $AI stack for 460.9 $ETH ($1.1M) five hours ago, booking roughly $2.9M in total gains.
Price sits exactly at the $0.02 confluence where EMA50 and EMA200 overlap, creating a firm structural floor. The MACD golden cross keeps the broader 4h bias bullish while RSI at 57.34 shows no overbought pressure, and the token trades inside the Bollinger band with both edges pinned at the same $0.02 level, pointing to compressed volatility before the next directional move.
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