#Whale loses millions of dollars#
Hot Topic Overview
Overview
Recently, several whales have suffered huge losses in the cryptocurrency market. Among them, a robot whale address spent $22 million to buy MELANIA yesterday, currently with a floating loss of over $10.6 million, becoming the largest floating loss address for MELANIA. Another whale spent $5.1 million to buy MELANIA yesterday, currently with a floating loss of $3.53 million. In addition, trader Ansem sold 194,799 TRUMP two hours ago, losing $2.55 million. According to The Data Nerd monitoring, a whale currently has a $7.08 million loss on MELANIA and TRUMP. Despite this, some whales are adding positions in the market. For example, an LDO whale spent $4.98 million to add positions in LDO after a year of silence, but its LDO holdings are currently floating at a loss of $1.74 million. In addition, a giant whale once again bought a large amount of TRUMP with $8.06 million, currently with a floating profit of $402,000.
Ace Hot Topic Analysis
Analysis
Recently, several "whale" accounts have suffered huge losses in the cryptocurrency market. Among them, a robot whale address spent $22 million to buy 2.1 million MELANIA yesterday, but due to a 65% drop in MELANIA prices, the address is currently down over $10.6 million. Another wallet called Ansem sold 194,799 TRUMP two hours ago, losing $2.55 million. In addition, there are whales that have lost $7.08 million on MELANIA and TRUMP, and $1.74 million on LDO. These huge losses show that even experienced traders can suffer significant losses in the cryptocurrency market, especially on highly volatile assets such as meme coins. Nevertheless, some whales remain confident in the future of meme coins and continue to invest. For example, a whale address GV9kv...JA9Ad, after making over $6.67 million by buying low and selling high on TRUMP, has once again invested $8.06 million in TRUMP and is currently up $402,000.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Meme coin markets are highly volatile, and whale investments can cause significant price fluctuations.
Whale investments may reflect their judgment on the future development trend of meme coins, but it does not mean that the market will necessarily follow their expectations.
Meme coin markets are highly risky, and investors need to invest cautiously and manage risk.
Whale investment behavior may affect market sentiment, but ultimately the market supply and demand determines the trend of meme coin prices.