Close Menu
    What's Hot

    Ethereum Continues To Outperform BTC In Q2 – Is A Bullish Run Brewing?

    Stripe Ramps Up Payments with the Acquisition of Crypto Wallet Service Provider Privy

    SNXweave Weekly Recap 185

    Facebook X (Twitter) Instagram
    yeek.io
    • Crypto Chart
    • Crypto Price Chart
    X (Twitter) Instagram TikTok
    Trending Topics:
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    yeek.io
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    Altcoin

    ai16z – Profit-taking whales could push altcoin’s price down to…

    Yeek.ioBy Yeek.ioJanuary 4, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Whales have begun cashing out from AI16Z’s wild rally
    • Will the AI agent hold above $2 amid a hike in speculative activity? 

    Over the last two weeks, AI agent ai16z [AI16Z] saw a massive 200% rally following bullish updates, including the expected Eliza agent launchpad in Q1 2025. Additionally, the token would be the primary ecosystem token with several value accrual features. 

    However, whales have begun cashing out from their AI16Z positions, according to analytics firm LookOnChain. In its latest update, the firm stated, 

    “Another whale sold all 2.27M $ai16z($4.77M) at $2.1 4 hours ago, making a profit of ~$4.47M(+1008%) on #ai16z.” 

    Other wallets with significant unrealized profits also took profits as the token crossed $2 on 01 January. 

    Will the AI agent stay above $2?

    Since late December, the entire AI agent segment has seen intense speculative froth and attention. In fact, Kaito revealed that AI mindshare topped nearly 60% – The highest ever for any narrative. 

    AI16Z AI agent

    Source: Kaito

    The hottest AI trends, agents, including AI16Z, were the main beneficiaries. Several exchanges like Binance jumped on the trend and listed AI16Z and others on Futures Markets. 

    Since 29 December, AI16Z’s Open Interest (OI) has surged from $1M to over $80M – A whopping 8,000% hike. This highlighted massive speculative interest among Futures traders. 

    AI16Z AI agentAI16Z AI agent

    Source: Coinglass

    Interestingly, experts have also projected a massive AI agent trend dominance in 2025. While current AI agents have been criticized for being mere chatbots, most pundits anticipate refined updates and agent-to-agent commerce in the next 6-12 months. 

    Currently, the best way to get exposure to the trend is through agent launchpads – Virtual Protocol [VIRTUAL] and AI16Z, which powers the Eliza framework. 

    Now, with whales beginning to cash out, does that mean AI16Z’s outlook could be at risk? 

    Well, according to the Trend-based Fibonacci Extension Tool (yellow), the recent upswing zoomed near the 2.618 level (around $2.5). In most cases, strong uptrends could often extend to 2.618 but face exhaustion at 3.618 ($3.45). If that’s the case, AI16Z could surge to $3.45 if it climbs above $2.5. 


    Read ai16z [AI16Z] Price Prediction 2025-2026


    AI16Z AI agentAI16Z AI agent

    Source: AI16Z/USDT, TradingView

    However, greater profit-booking by whales could drag the price to key moving averages (MA) like $1.5 or $1.0. 

    Previous: THESE are Shiba Inu’s key levels after 1500% hike in burn rate
    Next: POPCAT breaks key support: Will it reach $1.20 soon?

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleNew On-Chain Metric For Bitcoin Signals Equilibrium – Understanding The Input Output Ratio
    Next Article 2024 year in review—CoinGeek Weekly Livestream special
    Avatar
    Yeek.io
    • Website

    Yeek.io is your trusted source for the latest cryptocurrency news, market updates, and blockchain insights. Stay informed with real-time updates, expert analysis, and comprehensive guides to navigate the dynamic world of crypto.

    Related Posts

    Why is crypto up today—FOMC news, ETF flows and…

    March 20, 2025

    Binance Coin (BNB) Price Prediction for March 20

    March 20, 2025

    Trump becomes first US sitting president to speak at a crypto conference

    March 20, 2025
    Leave A Reply Cancel Reply

    Advertisement
    Demo
    Latest Posts

    Ethereum Continues To Outperform BTC In Q2 – Is A Bullish Run Brewing?

    Stripe Ramps Up Payments with the Acquisition of Crypto Wallet Service Provider Privy

    SNXweave Weekly Recap 185

    OneBalance Secures $20M Series A Led by CyberFund and Blockchain Capital

    Popular Posts
    Advertisement
    Demo
    X (Twitter) TikTok Instagram

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News

    Categories

    • Defi
    • Ethereum
    • Meme Coins
    • Nfts

    Quick Links

    • Home
    • About
    • Contact
    • Privacy Policy

    Important Links

    • Crypto Chart
    • Crypto Price Chart
    © 2025 Yeek. All Copyright Reserved

    Type above and press Enter to search. Press Esc to cancel.