A certain whale is suspected of building a position at a high level, investing $25,900 to buy JIMOTHY, and has now become the 36th largest holder.
Odaily reported that, according to Arkham monitoring, an investor recently made a large purchase of the Meme coin JIMOTHY, attracting market attention. This address invested $25,910 at a time when JIMOTHY's token market capitalization was about $4.05 million, accumulating a total of 6.315 million JIMOTHY tokens. Currently, this wallet holds approximately 0.6315% of the total supply, making it the 36th largest holder of the token.
Data shows the investor's entry point was near the recent high, sparking discussion in the community. Some market participants questioned whether the investor "bought at the top," while others believe this move may represent a long-term bet on JIMOTHY's future trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Samsung increases investment in AI infrastructure! Invests 1 billion USD in Helix Digital, owned by KKR (KKR.US)
Several subsidiaries of Samsung Group have agreed to invest a total of $1 billion in Helix Digital, a U.S. company backed by private equity giant KKR, further expanding the Korean conglomerate's presence in the rapidly growing artificial intelligence infrastructure market.
More than 20 billions spent this year! Eli Lilly (LLY.US) CEO: We will target “white spaces” in pharmaceuticals and continue to pursue larger-scale mergers and acquisitions.
Eli Lilly CEO Dave Ricks stated that investors can expect the company to pursue larger-scale deals, as it is extensively searching for assets in the "white spaces" of the scientific field.
Is the “AI bank run” coming? Apollo warns: AI assistants may drain banks' cheap deposits, which will pose risks to the financial system
Torsten Slok, Chief Economist at Apollo Global Management, stated that if consumers begin to heavily rely on AI assistants such as Muse under Meta and transfer cash to higher-yielding accounts, it could pose risks to the financial system.
Crypto prices
More
