- Whales are starting to cash in on AI16Z’s wild rally
- Will the AI agent hold above $2 amid a surge in speculative activity?
The past two weeks, AI agent ai16z [AI16Z] saw a massive 200% rally following bullish updates, including the expected launch platform for Eliza agents in the first quarter of 2025. Additionally, the token is said to be the primary ecosystem token with several value-building features.
However, according to analytics firm LookOnChain, whales are starting to make money from their AI16Z positions. In its latest update, the company reports declared,
“Another whale 4 hours ago sold all $2.27m ai16z ($4.77m) for $2.1 and made a profit of ~$4.47m (+1008%) on #ai16z.”
Other wallets with significant unrealized gains also took profits when the token crossed $2 on January 1.
Will the AI agent stay above $2?
Since late December, the entire AI agent segment has seen intense speculative froth and attention. Kaito actually revealed that AI mindshare reached almost 60% – the highest ever for any story.
Source: Kaito
Of the hottest AI trends, agents, including AI16Z, were the main beneficiaries. Several exchanges like Binance jumped on the trend and listed AI16Z and others on Futures Markets.
Since December 29, AI16Z’s Open Interest (OI) has increased from $1 million to over $80 million – an increase of no less than 8,000%. This highlighted the huge speculative interest among futures traders.
Source: Coinglass
Interestingly, experts have also predicted a huge projection Trend dominance of AI agents in 2025. While current AI agents are criticized for being mere chatbots, most experts expect sophisticated updates and agent-to-agent commerce in the next six to twelve months.
Currently, the best way to gain exposure to the trend is through agent launch platforms: Virtual protocol [VIRTUAL] and AI16Z, which powers the Eliza framework.
Now that the whales are starting to make money, does this mean AI16Z’s prospects could be in jeopardy?
Well, according to the Trend-based Fibonacci Extension Tool (yellow), the recent rebound zoomed near the 2,618 level (around $2.5). In most cases, strong uptrends can often extend to 2.618, but face exhaustion at 3.618 ($3.45). If that is the case, AI16Z could rise to $3.45 if it rises above $2.5.
Read ai16z [AI16Z] Price prediction 2025-2026
Source: AI16Z/USDT, TradingView
However, greater profit booking by whales could drag the price towards key moving averages (MA) such as $1.5 or $1.0.