#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 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 still has a total profit of $4.43 million on WIF.
Ace Hot Topic Analysis
Analysis
Recently, a whale named "layercake.sol" has been selling 3.63 million WIF, worth $5.81 million, through a DCA strategy. The whale entered WIF on December 13, 2023, when WIF's market cap was only $3 million. Through this sale, the whale has made a total profit of $4.43 million on WIF. This event has raised concerns about the price trend of WIF in the market, as the whale's selling behavior could have a negative impact on the market to some extent. However, some analysts believe that the whale's selling behavior may be for cashing out 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
sold
WIF
through
DCA
strategy
and
made
a
profit
of
4.43
million
dollars
The
whale
has
been
investing
in
WIF
for
a
long
time
starting
from
December
13
2023
The
whale
has
a
high
return
on
investment
in
WIF
The
whale's
selling
behavior
may
have
some
impact
on
the
price
of
WIF