#Giant Whale loses over 7 million#

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Hot Topic Overview

Overview

Recently, several whales have suffered huge losses in the cryptocurrency market. Among them, a bot whale address lost over $7 million on MELANIA, and another whale address lost over $2.5 million on TRUMP. In addition, a whale address also experienced floating losses on LDO. These losses are mainly concentrated in meme coins, which have large price fluctuations and higher risks. While some whales have made profits on TRUMP, overall, the investment risk of whales in meme coins is high and should be treated with caution.

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Analysis

Recently, several whales have suffered huge losses in the cryptocurrency market. One whale lost $7.08 million on MELANIA and TRUMP, while another lost $1.74 million on LDO. Additionally, trader Ansem lost $2.55 million after selling 194,799 TRUMP. These whales' losses are mainly concentrated on memecoins, which are known for their high volatility and risk. Despite this, some whales remain optimistic about the future of memecoins and continue to invest in them. For instance, one whale bought $8.06 million worth of TRUMP after making over $6.67 million in profit on the token, and has already realized an unrealized profit of $402,000. These whales' investment behaviors suggest that there are still huge opportunities in the memecoin market, but also remind investors that memecoin investments are extremely risky and require caution.

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Classic Views

Whales are frequently manipulating the meme coin market and making high-risk investments, such as buying MELANIA and TRUMP, resulting in huge losses.

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Whales are engaging in high-frequency trading in the meme coin market, attempting to profit from buying low and selling high, but the market volatility is high, leading to huge losses for some whales.

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Whales are making large investments in the meme coin market, but the market risk is high, leading to huge losses for some whales, such as MELANIA and TRUMP.

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Whales are investing in the meme coin market, but the market volatility is high, leading to huge losses for some whales, such as MELANIA and TRUMP, but some whales are also profiting from high-frequency trading.

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