#Whale trades resulted in a loss of 7.08 million.#
Hot Topic Overview
Overview
Recently, a whale suffered huge losses on the MELANIA and TRUMP tokens, totaling $7.08 million. The whale had previously invested $22 million in MELANIA and partially sold at an average price of $7.54, currently experiencing a loss of over $10.6 million. In addition, the whale had spent $9.38 million on TRUMP, eventually selling at an average price of $35.04, resulting in a loss of $2.55 million. Although the whale still holds 1.82 million MELANIA and 193,700 TRUMP, its investment has significantly shrunk.
Ace Hot Topic Analysis
Analysis
Recently, several whale traders have suffered huge losses in the cryptocurrency market. One of them, a robot whale address, spent $22 million yesterday to buy 2.1 million MELANIA tokens and partially stopped out about 25% of its position at an average price of 7.54, resulting in a current floating loss of over $10.6 million (-65.04%). This makes it the largest floating loss address for MELANIA. Another wallet named Ansem sold 194,799 TRUMP tokens ($6.83 million) 2 hours ago, incurring a loss of $2.55 million. In addition, a whale lost $7.08 million on MELANIA and TRUMP and still holds 1.82 million MELANIA and 193,700 TRUMP. The losses incurred by these whale traders indicate that the cryptocurrency market is extremely volatile, and investors need to invest cautiously and manage their risks effectively.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whales have suffered huge losses in meme coin investments, such as losing $7.08 million on MELANIA and TRUMP.
Giant whales have high risk in meme coin investments, and may suffer large losses, for example, a giant whale lost $2.55 million on TRUMP.
Giant whales' investment behaviors can have a significant impact on meme coin prices, for example, a giant whale clearing ZACHXBT led to a sharp drop in the price.
Giant whales' investment strategies have multiple possibilities, for example, some giant whales choose to buy the dip, while others choose to clear their positions for profit.