A user suffered investment losses on ELIZA and ai16z, missing out on the rise of ARC.

Odaily Planet Daily reports that according to on-chain analyst @ai_9684xtpa, a user lost nearly half of their investment in the capitalized $ELIZA within just over ten minutes yesterday, and then swapped their holdings from $arc to $ai16z, incurring an additional loss of 60 thousand dollars, while also missing out on a 54% increase in arc.

In the past 14 hours, the user spent 850 thousand dollars to buy $ai16z and, after holding for four hours, exited with a loss of 60 thousand dollars, with a cost price of 0.854 dollars and a selling price of 0.794 dollars, resulting in a 7% loss.

The $arc they swapped out for, however, surged 54% in the past 24 hours, with a cost of 0.1325 dollars and a current price of 0.2154 dollars. Instead, they incurred a loss of 90 thousand dollars by selling at 0.1198 dollars, and had they not swapped, they would currently have a floating profit of 500 thousand dollars.