dogwifhat

Solana

RebelSatoshi

Coin

<p>A whale investor who spent 25,682 $SOL ($5M) to purchase 1.7M $WIF at $2.94 on March 17 has started selling their $WIF holdings at a loss last night. The decision to sell comes after the price of $WIF dropped since the initial investment, according to <a href="https://x.com/lookonchain/status/1792065663747719308" target="_blank" rel="noopener noreferrer nofollow">Lookonchain</a>.</p>
<h2 class="wp-block-heading" id="meme-coin-trader-is-shifting-investments-to-tremp-and-bonk">Meme Coin Trader is Shifting Investments to $TREMP and $BONK</h2>
<p>The whale has been exchanging their $WIF for $TREMP and $BONK. So far, they have exchanged 1.28M $WIF ($3.3M) for 127.16B $BONK at a price of $0.00002593 per $BONK.</p>
<p>Additionally, the whale has exchanged 410,688 $WIF ($1.06M) for 966K $TREMP at a price of $1.1 per $TREMP.</p>
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   <p lang="en" dir="ltr">A whale is selling 1.7M <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$WIF</a>($4.4M) at a loss to buy <a href="https://twitter.com/search?q=%24tremp&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$tremp</a> and <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BONK</a> after the <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$WIF</a> price dropped.<br><br>Which caused the price of <a href="https://twitter.com/search?q=%24tremp&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$tremp</a> and <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BONK</a> to increase.<br><br>The whale spent 25,682 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a>($5M) to buy 1.7M <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$WIF</a> at $2.94 on Mar 17.<br><br>After the <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$WIF</a> price dropped, he started selling… <a href="https://t.co/Ad8mdvLc50" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Ad8mdvLc50</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1792065663747719308?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 19, 2024</a>
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<p>The whale’s decision to invest in $TREMP and $BONK has caused an increase in the prices of both cryptocurrencies. As the whale continues to sell their $WIF holdings and invest in these alternative coins, the market is responding positively to the increased demand.</p>
<h2 class="wp-block-heading" id="whale-s-recent-losses">Whale’s Recent Losses</h2>
<p>On May 18, it was <a href="https://x.com/lookonchain/status/1791845923368366350" target="_blank" rel="noopener noreferrer nofollow">reported</a> that another whale investor sold 732,481 $WIF ($1.85M) and 716,344 $POPCAT ($281K) at a loss. The whale had purchased these holdings just 3 days prior, with 732,481 $WIF bought at $2.98 ($2.18M) and 716,344 $POPCAT at $0.5 ($361K). As a result of the price fluctuations, the whale lost $336K on their $WIF investment and $80K on their $POPCAT investment within a short span of 3 days.</p>
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<p>The recent activities of this whale investor have showcased that in the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin sectors, traders like to diversify their portfolios, and sometimes, move out of their current positions even though they are in a loss. Despite the initial losses on $WIF and $POPCAT investments, the whale has shifted their focus to $TREMP and $BONK, causing a notable increase in the prices of these coins.&nbsp;&nbsp;</p>
<p><strong><em>Read more: <a href="https://captainaltcoin.com/token-watchlist-for-this-week-fantom-ftm-pyth-ethena-ena-and-ai-cryptos/" target="_blank" rel="noopener noreferrer nofollow">Token Watchlist for This Week; Fantom (FTM), PYTH, Ethena (ENA) And AI Cryptos</a></em></strong></p>
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<p>The post <a href="https://captainaltcoin.com/crypto-whale-investor-sells-dogwifhat-wif-at-a-loss-buys-these-two-solana-meme-coins/" rel="noopener noreferrer nofollow">Crypto Whale Investor Sells dogwifhat (WIF) at a Loss, Buys These Two Solana Meme Coins</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Whale Investor Sells dogwifhat (WIF) at a Loss, Buys These Two Solana Meme Coins

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