PANews reported on February 18 that according to @ai_9684xtpa monitoring, an address suspected to belong to Galaxy Digital spent $16.41 million in the past three months to build positions in three Memecoins: $PNUT, $ai16z, and $arc. However, the cumulative floating loss of this address on these three tokens has reached $8.493 million, and it is not yet clear whether it has participated in market making activities.

• $PNUT: Holding 21.46 million, the opening cost is $0.3743, and the current floating loss is 4.935 million US dollars.
• $ai16z: holds 7.53 million coins, with a position opening cost of $0.7446 and a current floating loss of $3.133 million.