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Trader @Salem1299534 buys back 7.45m AI tokens as price rises 25%

NewsFeeds update

On-chain analyst Yu Jin says trader @Salem1299534 (0xb8f...04eA) bought back 7.45m AI tokens worth $612,000 five hours earlier, pushing the token up 25%.

AltcoinsOdailyAIBullish

Read the original on Odaily

The story so far: Trader Salem AI token trades

On-chain analyst Yu Jin reported that trader Salem sold 20.06 million AI tokens for about $1.09m, briefly pushing the token down 15%, on a position that returned a $2.14m profit. Salem has since bought back 7.45 million AI tokens worth $612,000, pushing the price up 25%.

  1. Trader Salem sells 20.06 million AI tokens, clearing position for $2.14m profit

    On-chain analyst Yu Jin says trader Salem sold 20.06 million AI tokens for 461 ETH, about $1.09m, two hours before publication, briefly pushing AI down 15%. Salem's AI position cost $980,000 and returned $3.12m, a profit of $2.14m.

    AltcoinsPANewsAIBearish

  2. Trader @Salem1299534 buys back 7.45m AI tokens as price rises 25%

    On-chain analyst Yu Jin says trader @Salem1299534 (0xb8f...04eA) bought back 7.45m AI tokens worth $612,000 five hours earlier, pushing the token up 25%.

    AltcoinsOdailyAIBullish

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.