According to Lookonchain, two significant investors, referred to as 'whales', have recently increased their holdings of the $ai16z token. The investor with the identifier E9uD...Y9cf purchased 3.09 million $ai16z tokens, valued at $2.46 million, just two hours ago. Over the past month, this investor has accumulated a total of 18.7 million $ai16z tokens at an average price of approximately $0.45, resulting in an unrealized profit of $7.36 million. Another whale, identified as 6gqH...dyDo, acquired 1.4 million $ai16z tokens for $1.27 million 15 hours ago. This investor has bought 7.2 million tokens over the past week at an average price of about $0.68, achieving an unrealized profit of $1.13 million. These transactions indicate strong interest and potential upward momentum for the $ai16z token.