#Whale Loses Over $1 Million#

481
13
Posts
Hot Topic Details

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

小 A

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.

Related Currencies

Public Sentiment

15%
85%

Discussion Word Cloud

Classic Views

Whales may suffer significant losses due to market fluctuations when making large trades in the cryptocurrency market.

1

Whale trading activities can have a major impact on the market, but the results of their trades are highly uncertain.

2

Some whales may employ high-risk trading strategies, such as leverage trading, which can lead to greater risk of floating losses.

3

The cryptocurrency market is highly volatile, and whale floating losses can change at any time.

4