#Whale trades reap massive profits#
Hot Topic Overview
Overview
Recently, there have been instances of whale trades generating huge profits in the cryptocurrency market. One whale, for example, purchased 5.203 million MELANIA tokens for $680,000 within 2 minutes of the MELANIA project's launch. As the price surged, they gradually sold their holdings, generating a profit of $30.4 million. They currently hold 2.5 million MELANIA tokens, worth $29.85 million, resulting in a total gain of $59.57 million. Another whale spent $9.5 million to buy 187,360 TRUMP tokens, but they haven't sold yet, resulting in an estimated loss of $2.47 million. Additionally, there were whales who spent $4.29 million to increase their holdings in the BONK project, and another who suffered a loss of $1 million in the BARRON project. These whale trading activities demonstrate the high volatility of the cryptocurrency market and highlight the immense investment opportunities and risks that exist.
Ace Hot Topic Analysis
Analysis
Recently, a series of whale trades have emerged in the cryptocurrency market, with some of these trades yielding massive profits. For instance, one whale spent $680,000 to buy 5.203 million MELANIA tokens within two minutes of the MELANIA project's launch. They then sold their holdings gradually as the price rose, realizing a profit of $30.4 million. They still hold 2.5 million MELANIA tokens worth $29.85 million, resulting in a total gain of $59.57 million. Furthermore, another whale purchased 187,360 TRUMP tokens for $9.5 million. However, they have not sold them yet, resulting in an unrealized loss of approximately $2.47 million. However, not all whales have profited from the Trump family tokens. One whale bought 4.25 million BARRON tokens and later sold them at a lower price, incurring a loss of $1 million. These whale trade cases illustrate the extreme volatility of the cryptocurrency market. Whale traders can generate substantial profits through accurate market judgment and manipulation, but they also face significant risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale trading may be highly profitable, for example, a certain address made a profit of $59.57 million on MELANIA, with a return multiplier of 87 times.
Giant whale trading may also result in losses, for example, a certain giant whale sold 77,175 BARRON tokens, resulting in a loss of up to $1 million.
Giant whale trading strategies may include buy-and-hold, for example, a certain whale spent $9.5 million to buy 187,360 TRUMP tokens, currently experiencing a floating loss of approximately $2.47 million, but still holding 1,438,000 MELANIA tokens.
Giant whale trading strategies may also include buy low and sell high, for example, a certain user created two new wallets to buy MELANIA, making a profit of $47.5 million, specifically: selling part of the holdings after buying to make a profit and holding part of the holdings to wait for the price to rise.