#Whale trade loses $7.08 million#
Hot Topic Overview
Overview
A whale recently suffered massive losses on MELANIA and TRUMP tokens, totaling over $7.08 million. The whale had previously invested $22 million in MELANIA, but due to the token's price crash, it is currently down over $10.6 million. Additionally, the whale spent $9.38 million on TRUMP and eventually sold it for $6.83 million, incurring a loss of $2.55 million. Although the whale still holds 1.82 million MELANIA and 193,700 TRUMP, its investment is currently in a severe loss position.
Ace Hot Topic Analysis
Analysis
Recently, multiple whale traders have suffered massive losses in the cryptocurrency market. Among the most notable is a whale who lost a total of $7.08 million on MELANIA and TRUMP. This whale bought 2.1 million MELANIA at an average price of $10.5 yesterday and partially cut losses on about 25% at an average price of $7.54, currently facing a loss of over $10.6 million. In addition, this whale also holds 193,700 TRUMP, which is also in a loss-making position. Another whale bought 237,757 TRUMP at an average price of $33.91 two hours ago. Previously, this user had bought 310,850 TRUMP at a price of $4.89 for $1.52 million and sold it at $26.5, making a profit of $8.24 million. However, this purchase has resulted in a loss. The losses of these whale traders reflect the high risk of the cryptocurrency market and remind investors to be cautious and manage risks when making investments.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale trading losses are a reflection of the high volatility in the meme coin market. Investors should be cautious when investing.
Whale trading activity can have a significant impact on the price of a coin. Investors should be aware of whale movements.
The meme coin market is subject to high speculation risk. Investors should be cautious when participating.
Whale trading activity may involve market manipulation. Regulatory agencies need to strengthen oversight.