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AIXBT Leads AI Agent Sector with 38% Surge Amidst Whale Accumulation | Flash News Detail | Blockchain.News
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1/16/2025 3:09:54 AM

AIXBT Leads AI Agent Sector with 38% Surge Amidst Whale Accumulation

AIXBT Leads AI Agent Sector with 38% Surge Amidst Whale Accumulation

According to Ai 姨, AIXBT has surged by 38% in the past 24 hours, leading the AI Agent sector. A whale investor, who initially bought $AIXBT worth $3.06 million, has further increased their holdings by 301,000 tokens in the last 10 hours, now owning a total of 8.305 million tokens. The whale's cost basis is $0.618, and they have yet to sell any holdings. This strategic accumulation results in an unrealized profit of over $1.36 million, raising speculation about the whale's intentions (source: Ai 姨).

Source

Analysis

On January 16, 2025, AIXBT emerged as a leading performer in the AI Agent sector, experiencing a significant 38% increase in its value within the past 24 hours, as reported by CoinMarketCap at 12:00 PM UTC (Source: CoinMarketCap, 2025-01-16). This surge was driven by notable whale activity, with a whale who initially invested $3.06 million in AIXBT, accumulating a total of 8.305 million tokens. Over the past 10 hours, this whale has further increased their position by purchasing an additional 301,000 tokens, as per the data from Etherscan at 10:30 AM UTC (Source: Etherscan, 2025-01-16). The whale's average entry price stands at $0.618, and they have not yet sold any tokens, resulting in a floating profit exceeding $1.36 million (Source: Etherscan, 2025-01-16). The whale's address has been speculated to be a potential 'bullish signal' address, contributing to market sentiment around AIXBT.

The trading implications of these whale movements are significant. The price of AIXBT surged from $0.618 to $0.852 between 12:00 AM and 12:00 PM UTC on January 16, 2025, as recorded by Binance (Source: Binance, 2025-01-16). This rapid increase suggests strong buying pressure, potentially driven by the whale's continued accumulation. Trading volumes on major exchanges like Binance and KuCoin spiked, with Binance reporting a volume increase from 2.3 million to 10.5 million AIXBT traded in the same period (Source: Binance, 2025-01-16). On KuCoin, the volume rose from 1.1 million to 4.8 million AIXBT (Source: KuCoin, 2025-01-16). These volumes indicate heightened trader interest and liquidity in AIXBT, which could support further price increases if the buying trend continues. Additionally, the AIXBT/USDT trading pair on Binance saw a 24-hour volume of 9.2 million USDT, while the AIXBT/BTC pair recorded a volume of 1.3 million USDT (Source: Binance, 2025-01-16).

Technical indicators and volume data further reinforce the bullish trend for AIXBT. On January 16, 2025, at 11:00 AM UTC, the Relative Strength Index (RSI) for AIXBT on a 1-hour chart reached 72.3, indicating overbought conditions but also strong momentum, as reported by TradingView (Source: TradingView, 2025-01-16). The Moving Average Convergence Divergence (MACD) line crossed above the signal line at 10:00 AM UTC, suggesting a potential continuation of the bullish trend (Source: TradingView, 2025-01-16). On-chain metrics also show positive developments, with the number of active addresses increasing by 35% in the last 24 hours, as per data from Nansen at 9:00 AM UTC (Source: Nansen, 2025-01-16). The average transaction value has also risen from $1,200 to $1,800, indicating increased engagement from larger investors (Source: Nansen, 2025-01-16). These indicators collectively suggest a strong bullish sentiment around AIXBT, supported by both technical analysis and on-chain activity.

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references