#Giant Whale Goes on a Rampage#

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Overview

Recently, several whales have been engaging in frenzied activities in the cryptocurrency market, attracting market attention. Notably, a robotic whale address yesterday spent $22 million purchasing 2.1 million MELANIA tokens. However, due to the plummeting price of MELANIA, this address is currently experiencing a loss exceeding $10.6 million. Another whale spent $5.1 million buying 440,136 MELANIA yesterday and is facing a floating loss of $3.53 million. Additionally, renowned trader Ansem sold 194,799 TRUMP tokens two hours ago, incurring a loss of $2.55 million. Conversely, another whale made a significant purchase of TRUMP during the price retracement, spending over $10 million. Moreover, the on-chain detective concept meme coin ZACHXBT has caught the attention of whales. One user spent 7,000 SOL to acquire 4.1% of the total ZACHXBT supply, currently realizing a profit of $620,000. However, there have also been instances of whales choosing to liquidate their holdings. A large investor cleared their position of 41 million ZACHXBT at a price of 0.06943, generating a profit of approximately $1.18 million. These frenetic actions of whales reflect the volatility and risk inherent in the cryptocurrency market, serving as a warning to investors.

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Analysis

Recently, a series of crazy operations by multiple whales in the cryptocurrency market have attracted market attention. Among them, a robot whale address spent $22 million yesterday to buy 2.1 million MELANIA at an average price of 10.5, and then partially stopped losses at an average price of 7.54, which was about 25% of the total, resulting in a floating loss of over $10.6 million (-65.04%). This address has now become the largest floating loss address for MELANIA. Another whale spent $5.1 million to buy 440,136 MELANIA at a price of $11.60, and is now facing a floating loss of $3.53 million. Additionally, the well-known trader Ansem sold 194,799 TRUMP 2 hours ago, resulting in a loss of $2.55 million. It is worth noting that some whales have also carried out large-scale operations on TRUMP. For example, a whale spent $8.06 million to buy 237,757 TRUMP 2 hours ago at an average price of $33.91. Previously, this user had spent $1.52 million to buy 310,850 TRUMP at a price of $4.89 and then sold them at a price of $26.5, resulting in a profit of $8.24 million. Furthermore, the on-chain detective concept meme coin ZACHXBT has also attracted the attention of whales. A user spent 7,000 SOL (about $1.65 million) to buy 4.1% of the total ZACHXBT, with a cost of $0.04043. This single large purchase caused the coin price to rise by 35% in a short period of time, resulting in a current floating profit of $620,000. However, some whales have also suffered losses on ZACHXBT. A large investor liquidated 41 million ZACHXBT at a price of $0.06943, resulting in a profit of about 4,886.88 SOL (about $1.18 million), with a cost price of $0.04043. This sell-off directly caused the price of ZACHXBT to fall to $0.02134. These crazy operations by whales reflect the high volatility and speculative nature of the cryptocurrency market. They also remind investors to be cautious when investing and to avoid blindly following trends.

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Classic Views

Giant whales are frequently operating in the meme coin market, attempting to profit from market sentiment in the short term

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Whale operations are risky and can lead to significant price fluctuations, investors should be cautious

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Whale buying and selling activities can have a significant impact on the price of coins and may even trigger market panic

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Whale motives are difficult to predict and may involve market manipulation or arbitrage

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