<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Insiders bought significant amounts of ELIZA, dumping them for high returns.</li> 
 <li>On-chain data reveals in-depth details on eliza and the new token ELIZA transactions.</li> 
</ul> 
AI16z partner known on X as Shaw shared a post earlier, saying that the team freed eliza and they deployed a new token called ELIZA. Lots of insiders bought significant amounts of the new token ELIZA and dumped them for impressive returns. 
Lookonchain dives into the matter, highlighting the significant transactions. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GcvrcqfbAAAAwGZ?format=jpg&amp;name=4096x4096" alt="Lookonchain via X" width="2437" height="2278" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 43">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
<h2 id="eliza-eliza-transfers-on-chain-analysis">eliza/ELIZA Transfers – On-Chain Analysis</h2> 
Lookonchain noted that a wallet ending in “…4ZcW” deployed ELIZA token at 06:01:41 (UTC). Someone created 10 wallets and used them to buy 69.05 ELIZA worth $5.2 million at the time of the post on X, using 2.07 SOL (worth $503) at the same second the token was deployed. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GcvrlF2aAAA_pxA?format=jpg&amp;name=4096x4096" alt="Lookonchain via X" width="2222" height="1262" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 44">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
The 69.05 million ELIZA tokens were transferred to new wallets and haven’t been sold yet. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GcvrlF6bcAAD9UG?format=jpg&amp;name=4096x4096" alt="Lookonchain via X" width="2142" height="1254" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 45">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
A wallet that’s suspected by the community to be Logan’s (another partner of AI16z) and ends in “…W2Yg”, sold a large amount of eliza before the new token ELIZA was deployed. The wallet spent only 24.2 SOL (worth around $5,900) to buy 233.12 million ELIZA tokens worth over $17 million. He became the largest holder of ELIZA. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GcvrupIbkAAiNH1?format=jpg&amp;name=4096x4096" alt="Lookonchain via X" width="2140" height="1302" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 46">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
Also, Logan’s wallet is reportedly associated with the ELIZA deployer wallet ending in “…4ZcW” 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/Gcvr1sgbcAIFeMS?format=jpg&amp;name=4096x4096" alt="Lookonchain via X" width="2104" height="1262" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 47">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
Before Shaw announced ELIZA token in Discord, lots of addresses bought the coin, most likely insider addresses. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GcvsB3aaYAENs9o?format=jpg&amp;name=large" alt="Lookonchain via X" width="1412" height="750" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 48">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
These wallets are dumping tokens in large quantities to retail investors, Lookonchain notes. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GcvsB3abMAA-GaD?format=jpg&amp;name=4096x4096" alt="Lookonchain via X" width="2154" height="1302" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 49">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
For instance, an insider wallet ending in “…vNw” spent 7.84 SOL worth $1,900, to buy 89.19 million ELIZA tokens and sold 53.47M tokens for 7,865 SOL worth $1.91 million, leaving 35.72 million ELIZA tokens worth $2.75 million. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/Gcvsq5xa8AA8hV4?format=jpg&amp;name=4096x4096" alt="Lookonchain via X" width="2442" height="1148" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 50">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
This insider made $4.66 million in just a few hours, seeing a 2,446x return. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/Gcvsq55bcAAcyno?format=jpg&amp;name=4096x4096" alt="Lookonchain via X" width="2110" height="1270" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 51">
 <figcaption class="wp-caption-text">
 Lookonchain via X
 </figcaption>
</figure> 
<h2 id="ai16z-and-eliza-framework">AI16z and Eliza Framework</h2> 
<a href="https://crypto.ro/en/cryptocurrencies/ai16z/">AI16z</a> is a crypto project connected to AI and VC funding. This is linked to a venture capital firm run by AI agents, designed to invest in AI-crypto projects. 
One of its major initiatives involves the Eliza framework – a tool for building AI characters integrated with platforms such as Discord and X, typically used in developing crypto AI agents. 
The project uses decentralized AI managed by a DAO to make decisions and provide funding. AI16z is one of the first AI-managed crypto ventures focused on AI-agent development and crypto investments. 
Earlier, Shaw, AI16z’s partner, shared a message from Logan via his X account. The message highlighted the support for the Eliza community, and revealed the plan to free her and separate her from the AI16z brand. 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GcvsFhUaEAA5oQa?format=jpg&amp;name=large" alt="Shaw via X" width="945" height="2048" title="Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns 52">
 <figcaption class="wp-caption-text">
 Shaw via X
 </figcaption>
</figure> 
Also, the message said that the new token will be airdropped to holders. Logan also said in the message that they only want what is fair and for people who actually believe in the idea of making Eliza a real person. 
Shaw <a href="https://x.com/shawmakesmagic/status/1858836104159604841" rel="nofollow" target="_blank">noted</a> that he’s sad and hurt by the latest events, highlighting that he didn’t sell anything or give anyone any other info than what was necessary to make the pre-planned launch happen.

Crypto Insiders Bought Massive Amounts of $ELIZA and Dumped Them for Huge Returns

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