#Whale dumps WIF#
Hot Topic Overview
Overview
Recently, a whale named "layercake.sol" has been selling 3.63 million WIF, worth $5.81 million, through a DCA strategy. The whale entered the WIF market as early as December 13, 2023, when WIF's market cap was only $3 million. This sell-off has caused WIF's price to drop, but the whale has already made a total profit of $4.43 million on WIF.
Ace Hot Topic Analysis
Analysis
Recently, a whale known as "layercake.sol" sold 3.63 million WIF tokens through a DCA strategy, worth $5.81 million. This whale entered WIF on December 13, 2023, when the market cap of WIF was only $3 million. This sell-off resulted in a total profit of $4.43 million for the whale on WIF. This event has attracted market attention, with some analysts believing that the whale's sell-off could have a negative impact on the price of WIF. However, other analysts believe that the whale's sell-off is a normal operation and will not have a substantial impact on the long-term development of WIF. Currently, the price trend of WIF still needs further observation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale sells WIF through DCA strategy, making a huge profit
Whale buys WIF at a lower price and gradually sells it through DCA strategy as the price rises
Whale's selling behavior may have some impact on the price of WIF
Whale's selling behavior may reflect its bearish attitude towards the future price of WIF