#Whale Loses Over $1 Million#
Hot Topic Overview
Overview
Recently, several whales have experienced floating losses in the cryptocurrency market. Among them, a robot whale address lost over $10.6 million on MELANIA, another whale lost $2.55 million on TRUMP, and another whale lost $1.74 million on LDO. These whales' losses are mainly due to the sharp decline in the prices of the cryptocurrencies they hold, for example, MELANIA plummeted 65% in the past 24 hours. Nonetheless, some whales are still holding on, hoping to turn the situation around.
Ace Hot Topic Analysis
Analysis
Recently, several whales have suffered floating losses in the cryptocurrency market. One of the most notable is a bot whale address, which spent $22 million yesterday to buy 2.1 million MELANIA at an average price of $10.5. The address subsequently sold off about 25% of its holdings at an average price of $7.54, resulting in a floating loss of over $10.6 million, making it the largest floating loss address for MELANIA. Additionally, another whale spent $5.1 million yesterday to buy 440,136 MELANIA at a price of $11.60, currently experiencing a floating loss of $3.53 million. Renowned trader Ansem sold 194,799 TRUMP two hours ago, incurring a loss of $2.55 million. According to The Data Nerd, a whale is currently losing $7.08 million on MELANIA and TRUMP, still holding 1.82 million MELANIA and 193,700 TRUMP. On the other hand, an LDO whale, after a year of inactivity, has returned, exchanging 1,512 ETH and 10,500 FXS (worth $4.98 million) for approximately 2.72 million LDO. The whale's purchase price for LDO is $1.833, and it currently holds 5.765 million LDO, with unrealized losses of $1.74 million. These floating losses of whales reflect the recent volatility in the cryptocurrency market and serve as a reminder to investors to be cautious and manage their risks when investing.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whales may suffer significant losses due to market fluctuations when making large trades in the cryptocurrency market.
Whale trading activities can have a major impact on the market, but the results of their trades are highly uncertain.
Some whales may employ high-risk trading strategies, such as leverage trading, which can lead to greater risk of floating losses.
The cryptocurrency market is highly volatile, and whale floating losses can change at any time.