A significant cryptocurrency investor has reported substantial losses totaling nearly $10 million, according to PANews. The investor, whose holdings include PNUT, ai16z, and arc, experienced a drop of over 60% in their asset value. 🇨🇳 They invested $9.12 million in PNUT at an average cost of $0.3448 per unit, then liquidated these holdings two weeks ago, resulting in a loss of $4.975 million. The investor also holds a significant portion of ai16z with $5.6 million allocated at a cost of $0.7447 per unit, incurring an unrealized loss of $4.58 million. Finally, they invested $2.77 million in arc at a cost of $0.2914 per unit two months ago and made a profit of $426,000 from this investment. 📈 While the investor’s address remains unclear, previous analysis suggests it may belong to Galaxy Digital, although their exact role within the cryptocurrency market is still uncertain.