Galaxy Digital incur losses across PNUT, ai16z, and ARC cryptocurrencies. PNUT, ai16z, and ARC are built on the Solana blockchain. SOL has lost all the gains it made at the beginning of the year. A Chinese crypto user on X has spotted notable losses on Galaxy Digital’s holdings across some cryptocurrencies on the Solana blockchain. According to the crypto user, they identified a crypto wallet belonging to a well-known asset manager that spent $16.41 million to take positions in three crypto tokens. 「近三个月花费 1641 万美金建仓 $PNUT & $ai16z & $arc」的地址大概率归属于 Galaxy Digital 目前该机构在这三个 Memecoin 上的累计亏损高达 849.3 万美金，尚不确定是否参与了做市 PNUT：持有 2146 万枚，成本 $0.3743，浮亏 493.5 万美金 ai16z：持有 753 万枚，成本 $0.7446，浮亏 313.3… https://t.co/a1JShknEP6 pic.twitter.com/U9g6huoHl9 — Ai 姨 (@ai_9684xtpa) February 18, 2025 Related: Solana Meme Coin Chaos: Scandals Spark Investor Risk Debate $16 Million Crypto Wager on PNUT, AI16Z, ARC Turns Red In a recent post on X, the Chinese observer noted that Galaxy Digital invested the funds into … The post Galaxy Digital’s $8.5 Million Loss Betting on Three Solana-Based Tokens appeared first on Coin Edition .