Trader Salem liquidated his entire position in the AI token, selling 20.06 million tokens for 461 ETH (approximately $1.09 million) just two hours ago. The massive sell-off caused the AI token price to plummet by 15% instantly.
According to on-chain analyst Ember, Salem’s total profit from the AI trade reached $2.14 million. His initial investment cost was $980,000, while the total proceeds from selling amounted to $3.12 million.
Trader Salem Dumps 20M AI Tokens for ETH, Triggering 15% Price Crash and $2.14M Profit
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