A wallet suspected to be related to Galaxy Digital has spent 16.41 million USD building a position in PNUT, ai16z, and arc over the past 5 months, and is now down 9.98 million USD.

According to Deep Tide TechFlow news, on April 19, on-chain analyst Ai Yi (@ai_9684xtpa) monitored a suspected Galaxy Digital wallet address that has invested in three token projects: PNUT, ai16z, and arc over the past five months, with a total investment of $16.41 million. Currently, it has accumulated a loss of $9.98 million, and the assets have shrunk by over 60%.

Specifically, the Address invested 9.12 million USD to purchase PNUT at a price of 0.3448 USD and has liquidated it two weeks ago, incurring a loss of 4.975 million USD; invested 5.6 million USD to purchase ai16z at a price of 0.7447 USD, currently facing an unrealized loss of 4.58 million USD; invested 2.77 million USD to purchase arc at a price of 0.2914 USD and has liquidated it two months ago, incurring a loss of 426 thousand USD.