Latest Update
2026-10-23 17:25 UTC

Salem1299534: Sells 20.06M $AI for 461 ETH

Salem1299534: Sells 20.06M $AI for 461 ETH

@EmberCN reports trader @Salem1299534 sold 20.06 million $AI tokens for 461 ETH worth $1.09 million two hours ago, locking in $2.14 million profit after an initial $0.98 million cost.

Source

Analysis

@Salem1299534 sold 20.06 million $AI tokens for 461 ETH ($1.09 million) two hours ago, triggering an immediate 15% price drop, according to @EmberCN. The trader realized $2.14 million profit on the position after an initial $0.98 million investment.

Price sits at the $0.02 level where EMA50 and EMA200 converge, forming a flat long-term support zone. With RSI(14) at 58.65 remaining neutral and MACD showing a bullish golden cross, the structure holds despite the large sale, while Bollinger Bands indicate price is contained with upper resistance and lower support both at $0.02.


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@EmberCN

Analyst about On-chain Analysis