Saturday, October 5, 2024

Largest dogwifhat (WIF) Holder Accumulates Extra Cash Whereas Different Memecoin Whales Capitulate: Lookonchain

The biggest dogwifhat (WIF) holder is including extra to his holdings whereas different memecoin whales are promoting off, in line with on-chain knowledge.

Blockchain monitoring agency Lookonchain studies that the highest dogwifhat holder has greater than 23 million WIF after all of the sudden shopping for 2.3 million further tokens.

“The biggest holder of WIF spent 4.65 million USDC to purchase 2.3 million WIF at $2.03 [June 25th]! He at the moment holds 23.39 million WIF ($49.6 million), with a revenue of ~$83 million on WIF! He’s additionally the one who spent 86,738.1 SOL ($8.65 million) to purchase 17.22 million WIF in a single commerce.”

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Supply: Lookonchain/X

WIF is buying and selling for $2 at time of writing, down practically 3% within the final 24 hours.

In the meantime, one other WIF whale who had racked up large losses buying and selling the memecoin simply purchased extra, in line with Lookonchain.

“This whale, who misplaced $4.63 million on WIF, spent 3.77 million USDT to purchase 2.06 million WIF again after the WIF worth rose. His common shopping for worth is $1.83, promoting at a low worth after which shopping for at the next worth.”

Subsequent up, Lookonchain studies {that a} whale simply offered off 700 billion Pepe (PEPE) tokens.

“PEPE whale capitulated and deposited 700 billion PEPE ($7.8 million) into Binance [June 24th]. He at the moment has 800 billion PEPE ($9.23 million) left, with a complete lack of ~$3.5 million.”

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Supply: Lookonchain/X

Pepe is buying and selling for $0.00001254 at time of writing, down practically 2% within the final 24 hours.

Lastly, Lookonchain notes {that a} whale simply made large earnings promoting off his Shiba Inu (SHIB) holdings.

“A whale deposited all 1.08 trillion SHIB ($18.4 million) to Binance [June 24th], making a revenue of ~$8.3 million! This whale withdrew 1.08 trillion SHIB (value ~$10.07 million) from Binance on November twenty fourth, December 4th and December twenty second, 2023. He has an unrealized revenue of $29 million on the peak of SHIB!”

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Supply: Lookonchain/X

SHIB is buying and selling for $0.00001733 at time of writing, down 3.5% within the final 24 hours.

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