Smart money like AI16Z earned over $16.8 million from meme coins Address bought $330,000 worth of AVA in the past week

Foresight News reports that according to Lookonchain monitoring, a savvy investor has made significant profits from trading multiple Meme Tokens at the Address. The trader purchased 13.45 million AI16Z for $70,000 and 7.45 million for $547,000 in early on October 25, 2024, currently holding 6 million AI16Z (valued at approximately $11.04 million), with a total profit of about $11.5 million and a return rate of 16564%. Additionally, when the GRIFFAIN Market Cap was below $8 million, the trader invested $125,000 to purchase 8.05 million, sold 3.05 million for a profit of $1.22 million, and currently holds 5 million (valued at approximately $2.22 million), with a total profit of $3.32 million. When the ZEREBRO Market Cap was $11 million, the trader invested $295,000 to purchase 6.45 million, sold 1.4 million for a profit of $697,000, and currently holds 5 million (valued at approximately $1.98 million), with a total profit of $2.38 million. Over the past week, the trader also purchased 2.17 million AVA (valued at approximately $33.3 million) and currently has unrealized gains of about $120,000.