#Whale dumps WIF#
Hot Topic Overview
Overview
Recently, a whale known as "layercake.sol" has been selling 3.63 million WIF, worth $5.81 million, through a DCA strategy. This whale entered WIF on 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
According to Lookonchain, a whale known as "layercake.sol" is selling 3.63 million WIF, worth $5.81 million, through a DCA strategy. The whale entered WIF as early as December 13, 2023, when WIF's market cap was only $3M. Through the DCA strategy, the whale has made a total profit of $4.43 million on WIF. The whale's selling behavior has raised concerns about the price trend of WIF in the market, but some analysts believe that this may be the whale's normal investment strategy and may not have a significant impact on the price of WIF.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale sells WIF through DCA strategy, making a huge profit
Whale invested in WIF early and profited after the price rose
Whale's selling behavior may have some impact on WIF price
DCA strategy is a common investment strategy that can help investors reduce risk