#Giant whale MELANIA loses over 10 million#

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Recently, several whales have suffered major losses in the cryptocurrency market. Among them, a bot whale address spent $22 million yesterday to buy 2.1 million MELANIA tokens and partially stopped the loss at an average price of $7.54. Currently, it is floating at a loss of over $10.6 million, becoming the largest floating loss address for MELANIA. In addition, another whale spent $5.1 million yesterday to buy 440,136 MELANIA tokens, currently floating at a loss of $3.53 million. Ansem, a well-known trader, sold 194,799 TRUMP tokens two hours ago, losing $2.55 million. According to The Data Nerd, the whale is currently losing $7.08 million on MELANIA and TRUMP, and still holds 1.82 million MELANIA and 193,700 TRUMP. These whales' losses reflect the recent violent volatility of the cryptocurrency market, and investors need to be cautious in their investments.

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Analysis

Recently, a robot whale address A3ZcnX…wjm6Sg suffered huge losses on MELANIA. The address spent $22 million yesterday to buy 2.1 million MELANIA at an average price of $10.5. Subsequently, it cut its position by about 25% at an average price of $7.54, resulting in a current floating loss of over $10.6 million (-65.04%), becoming the largest floating loss address on MELANIA. In addition, another whale spent $5.1 million yesterday to buy 440,136 MELANIA at a price of $11.60, currently floating at a loss of $3.53 million. Apart from MELANIA, well-known trader Ansem (@blknoiz06) sold 194,799 TRUMP two hours ago, losing $2.55 million. According to The Data Nerd, the whale is currently losing $7.08 million on MELANIA and TRUMP, and still holds 1.82 million MELANIA and 193,700 TRUMP. These events indicate that the cryptocurrency market has been volatile recently, and investors need to be cautious in their investments and manage risks.

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The whale suffered huge losses on MELANIA and TRUMP.

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The whale suffered a significant loss after buying high on MELANIA.

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The whale's losses on MELANIA and TRUMP were huge, exceeding $7 million.

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The whale's losses on MELANIA were mainly due to a sharp price decline after buying high.

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