AIUS/WETH Pair Faces 26.45% Dip On Uniswap

The trading pair AIUS/WETH on Uniswap has witnessed a significant 26.45% decline in the past 24 hours, marking it as the 16th top loser on the decentralized exchange. 

The pair experienced a price range between the highest at $1,213.90 USD and the lowest at $733.55 USD, with the current trading value standing at $967 USD. The 24-hour trading volume for this pair on Uniswap reached 21.88 million USD.

According to on-chain reports, a savvy investor with the address 0x68F…d40ee, commonly referred to as smart money, has successfully gained approximately 1.1 million USD in profit through strategic transactions involving BananaGun’s initial sniper transaction of $AIUS. Notably, this impressive profit was achieved within a span of 12 hours.

$AIUS Token Surges After Launch

During the launch of the $AIUS token, this address allocated 35.09 ETH (equivalent to $97,000) as a bribe tip and proceeded to purchase 6,842 $AIUS tokens at an average price of $9.99 USD, amounting to a total cost of $165,000 USD.

The $AIUS token, characterized by its AI concept and associated with @arbius_ai, encountered a remarkable surge, increasing by 38 times within the initial 12 hours of its online presence. Subsequently, the investor strategically sold 95% of the acquired tokens in a phased manner. Even with the remaining 330 tokens, a floating profit of $408,000 USD has been retained.

These on-chain activities reflect the dynamic nature of decentralized exchange trading and the potential for significant profits within short time frames, showcasing the intricate strategies employed by smart money investors in the cryptocurrency market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: dvigalet/123RF // Image Effects by Colorcinch

Via: https://themerkle.com

Share this article:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

The reCAPTCHA verification period has expired. Please reload the page.