#Whale loses over $10 million#

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Overview

Recently, multiple whales have suffered significant losses in the cryptocurrency market. Among them, a robot whale address spent $22 million yesterday to buy 2.1 million MELANIA, currently facing a floating loss of over $10.6 million, making it the biggest floating loss address for MELANIA. Another whale spent $5.1 million yesterday to buy 440,136 MELANIA, currently with a floating loss of $3.53 million. In addition, renowned trader Ansem sold 194,799 TRUMP two hours ago, resulting in a loss of $2.55 million. According to The Data Nerd, a whale is currently experiencing a loss of $7.08 million on MELANIA and TRUMP. Meanwhile, an LDO whale, after a year of silence, has returned, exchanging 1,512 ETH and 10,500 FXS (worth $4.98 million) for about 2.72 million LDO. However, its LDO holdings currently have a floating loss of $1.74 million. The losses of these whales reflect the recent volatility of the cryptocurrency market and remind investors to be cautious when investing.

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Analysis

Recently, several whales have suffered significant losses in the cryptocurrency market. Among them, a robot whale address spent $22 million yesterday to purchase 2.1 million MELANIA, and partially stopped the loss by about 25% 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 buying MELANIA yesterday, currently with a floating loss of $3.53 million. In addition, well-known trader Ansem sold 194,799 TRUMP two hours ago, losing $2.55 million. Another whale lost $7.08 million on MELANIA and TRUMP. A LDO whale, after a year of silence, came back with 1,512 ETH and 10,500 FXS (worth $4.98 million) in exchange for about 2.72 million LDO, but their LDO holdings currently have a floating loss of $1.74 million. These whale losses reflect the high volatility of the current cryptocurrency market, reminding investors to be cautious and manage risks when investing.

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Classic Views

Whales made large trades in the cryptocurrency market, but suffered huge losses due to market fluctuations.

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Whale losses were mainly concentrated in tokens like MELANIA and TRUMP, which have seen significant price drops recently.

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Whale losses also reflect the high risk of the cryptocurrency market, and investors need to be cautious.

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Whale losses may have some impact on the market, but the overall market trend still needs to be observed.

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