A wallet address created only 7 days ago withdrew 38,138 SOL from Coinbase, then used 15,000 SOL to purchase 5.48 million AI16Z tokens and 11,250 SOL to purchase 7.31 million ARC tokens. The wallet currently holds 11,889 SOL.

According to TechFlow news on February 11, Onchain Lens monitored that a wallet address created just 7 days ago withdrew 38,138 SOL (approximately $7.57 million) from Coinbase. Subsequently, it used 15,000 SOL (approximately $3.06 million) to purchase 5.48 million AI16Z tokens and 11,250 SOL (approximately $229,000) to buy 7.31 million ARC tokens. The wallet currently still holds 11,889 SOL.

A certain address withdrew 38,138 SOL from Coinbase to buy AI16Z and ARC.