A prominent whale has made substantial investments in the AI token market, purchasing 12.5 million ARC tokens for $3.86 million at a price of $0.309 each, and 6.5 million AI16Z tokens for $3.56 million at $0.546 each. This activity was supported by a withdrawal of 38,000 SOL, valued at approximately $7.42 million, from Coinbase. Following this, the same whale withdrew an additional 25,306 SOL, worth around $5 million, potentially to acquire more AI tokens. The whale's recent activity has led to notable price movements, with ARC experiencing a 49.3% increase in value within 24 hours due to the announcement of its new token launchpad, FORGE, and the introduction of an AI trading agent named @askjimmy_ai. Overall, ARC's market capitalization has surged by 20% to $375 million, marking a 150% increase from its recent lows. Meanwhile, the whale's holdings in AI16Z and ARC have resulted in unrealized profits of approximately $4.38 million.