#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 account named "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. 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 believe that the whale's selling behavior may be for profit and does not necessarily mean that the price of WIF will fall sharply. Ultimately, the price trend of WIF will depend on the overall supply and demand relationship in the market and the influence of other factors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale sold 3.63 million WIF through DCA strategy, worth $5.81 million.
The whale's total profit on WIF reached $4.43 million.
The whale entered WIF as early as December 13, 2023, when WIF's market cap was only $3M.
The whale's selling behavior may have some impact on the price of WIF.