A whale investor has garnered attention for purchasing the relatively unknown cryptocurrency token, Arc (ARC), making significant profits in the process. The whale spent $2 million USDC to acquire 4.92 million ARC tokens and has seen a rise of 10.3% in the value of the coin since the purchase. The trader now holds 10.19 million ARC tokens worth $3.99 million, with a floating profit of $740,000. The whale's success is indicative of how savvy traders can make substantial gains by investing in lesser-known cryptocurrencies with potential. The trader also profited from other AI-focused tokens and meme coins, accumulating a floating profit of $5.14 million, $4.5 million, and $4 million, respectively. The whales took advantage of the token listing on the CoinW crypto trading platform to accumulate assets, anticipating future price surges. ARC has experienced a rise in trading volume and has outperformed the global digital asset market in the past seven days. The increasing interest in AI-driven tokens is driven by their unique investment opportunities and their ability to enhance productivity and decision-making processes.
Analytics Company Researcher Says “I’m Not Buying Right Now” Despite Bitcoin’s Decline, Explains Why