The post Aixbt Hits All-Time High with Whale Buy: Is $1 Near? appeared on BitcoinEthereumNews.com.

An Aixbt whale, labeled “0x001” went into a buying spree last week, which coincided well with the recent price rise of the token to a new all-time high. On Jan. 16, the token reached a maximum value of $0.9403. Developed on the Virtuals Protocol, an AI-driven virtual agent, Aixbt by Virtuals (AIXBT) serves as a crypto market intelligence platform. The service utilizes artificial intelligence to automate tracking and analysis of cryptocurrency market trends. It runs on both Solana and Base blockchains. According to Spot On Chain, the largest holder of AIXBT purchased an additional 3.81 million tokens over the past four days, just before a 41% price increase. This acquisition brought the whale’s total holdings to 8.31 million AIXBT—approximately 0.83% of the token’s total supply of 998.91 million. The whale bought at an average price of $0.623, spending about $5.18 million in total. Top holder “0x001” bought another 3.81M $AIXBT ($2.72M) before the price soared ~41%, hitting a new ATH today! In total, this whale has purchased 8.31M $AIXBT, or 0.83% of the total supply, at an average price of $0.623 (est. cost: $5.18M) over the past 4 days. The whale is now… pic.twitter.com/VQM5TR7NbQ — Spot On Chain (@spotonchain) January 16, 2025 Following the subsequent price rally, this holder is now the eighth-largest retail holder of AIXBT, with an unrealized profit of $2.2 million—equivalent to a 43% gain on the original investment. As reported earlier by crypto.news, the token is one of most acclaimed AI agent tokens, as per Franklin Templeton. On Jan. 15, the token saw a price appreciation of 45.2% in a day. However, the crowning glory came after the token was listed on OKX around 7:00 am UTC.  Further, HashKey Global, another centralized exchange, listed the token, boosting market confidence in the token. Aixbt to reach $1…

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Filed under: News - @ January 16, 2025 6:20 am