#Whale Loses Millions in Paper Losses#

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Overview

Recently, multiple whales have suffered losses in the cryptocurrency market. One robot whale address spent $22 million yesterday to buy 2.1 million MELANIA and partially cut losses by about 25% at an average price of $7.54. Currently, the floating loss exceeds $10.6 million, making it the largest floating loss address for MELANIA. Another whale spent $5.1 million yesterday to buy 440,136 MELANIA. Currently, the floating loss is $3.53 million. Well-known trader Ansem sold 194,799 TRUMP 2 hours ago, losing $2.55 million. These whales' floating losses reflect the recent violent fluctuations in the cryptocurrency market, and investors need to invest cautiously.

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Analysis

Recently, several crypto whales have suffered floating losses, the most serious of which is a robot whale address. It spent $22 million yesterday to buy 2.1 million MELANIA at an average price of $10.5, and then partially stopped the loss of about 25% of its position at an average price of $7.54. Currently, the floating loss exceeds $10.6 million (-65.04%), making it the largest floating loss address for MELANIA. Another whale spent $5.1 million yesterday to buy 440,136 MELANIA at a price of $11.60. These MELANIA are currently worth $560,000, and the whale faces a floating loss of $3.53 million. In addition, well-known trader Ansem sold 194,799 TRUMP 2 hours ago, losing $2.55 million. These floating losses of whales reflect the volatility of the cryptocurrency market and remind investors to be cautious when investing in cryptocurrencies and manage risks well.

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Whales face high risks when making large transactions in the cryptocurrency market, which could lead to significant floating losses.

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Cryptocurrency prices like MELANIA and TRUMP fluctuate wildly, investors need to invest cautiously.

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Whale trading activities can have a significant impact on the cryptocurrency market, causing large price fluctuations.

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Some whales may use bots to trade in order to profit in a short period of time, but the risks also increase.

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