#Whale trades result in losses exceeding millions.#
Hot Topic Overview
Overview
Recently, there have been significant losses in several whale trades. The most severe case involves a robot whale address that spent $22 million yesterday to purchase 2.1 million MELANIA tokens. After taking a partial loss of about 25% at an average price of 7.54, the address currently has a floating loss exceeding $10.6 million, making it the largest floating loss address for MELANIA. Additionally, another whale that bought MELANIA yesterday for $5.1 million is currently experiencing a floating loss of $3.53 million. Beyond MELANIA, the TRUMP token also witnessed whale losses. Trader Ansem sold 194,799 TRUMP tokens two hours ago, incurring a loss of $2.55 million. Another whale suffered a combined loss of $7.08 million on MELANIA and TRUMP. It's worth noting that some whales are buying the dip. For instance, a whale has spent $4.98 million to accumulate LDO over the past nine hours, but their current LDO holdings are experiencing a floating loss of $1.74 million. Overall, whale trading losses have been occurring frequently recently, indicating high market volatility. Investors should exercise caution in their operations.
Ace Hot Topic Analysis
Analysis
Recently, news of multiple whale trading losses has drawn attention. One robot whale address spent $22 million yesterday to buy 2.1 million MELANIA at an average price of $10.5, and partially stopped the loss of about 25% of its position at an average price of $7.54. Currently, the floating loss is over $10.6 million (-65.04%), making it the largest floating loss address for MELANIA. Another whale spent $5.1 million yesterday to buy 440,136 MELANIA at a price of $11.60, currently floating a loss of $3.53 million. In addition, renowned trader Ansem sold 194,799 TRUMP two hours ago, losing $2.55 million. According to The Data Nerd, a certain whale is currently losing $7.08 million on MELANIA and TRUMP. Another LDO whale returned after a year, and despite losing -14%, still spent $5 million to buy 2.72 million LDO, currently floating a loss of $1.74 million. It is worth noting that some whales are buying the bottom of the TRUMP token. For example, a whale address GV9kv...JA9Ad bought a large amount of TRUMP with $8.06 million, currently floating a profit of $402,000. Overall, whale trading losses and bottom-buying behavior reflect market volatility and investment risks, and investors need to make careful decisions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale trading losses are a common phenomenon, especially in volatile cryptocurrency markets.
Whale trading losses may be related to market sentiment, project fundamentals, and technical analysis.
Whale trading losses can cause market price fluctuations, but they do not necessarily represent a reversal of market trends.
Whale trading losses remind investors to invest cautiously and manage risks.