Odaily News On-chain data analyst @ai_9684xtpa monitored that the second address on the arc list spent another $1.495 million to increase its arc holdings in the past 9 hours. It currently holds 17.2 million arcs, with a cumulative floating loss of $1.02 million.

It is reported that the address started to build positions on December 26 last year, buying tokens in three batches, with an average cost of US$0.3153 (current price US$0.2417); in addition, the address also holds ai16z worth US$5.75 million, and the latest round of positions has resulted in a floating loss of US$4.15 million.