#Whale Makes Large Transaction in DOGE#

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Hot Topic Overview

Overview

Recently, the cryptocurrency market has seen a surge in large transactions by whales. One whale bought 590 million DOGE in the past 24 hours, attracting market attention. In addition, another whale has been active in the TRUMP token, selling 237,757 TRUMP in 3 hours, earning $1.21 million and accumulating $7.86 million in profits from TRUMP. Meanwhile, a whale who has been buying and selling WBTC for a long time used 42.43 million USDT to buy 406.6 WBTC last night and sold it this morning, earning $680,000. In the past 4 months, the whale has bought and sold WBTC 5 times with a 100% win rate, making a total profit of $19.62 million. These whale transactions have sparked market speculation about the price trend of cryptocurrencies and reflect the continued attention of institutional investors to the cryptocurrency market.

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Analysis

Recently, there have been multiple instances of large-scale whale transactions involving DOGE and TRUMP, attracting market attention. One whale bought 590 million DOGE in the past 24 hours, showing their optimism towards DOGE. Another whale engaged in a series of transactions on TRUMP, first selling 4.52 million TRUMP at $1, missing out on a profit of $180 million. Subsequently, they made two smaller trades, incurring a loss of $67,000 in one and a profit of $1.21 million in the other. Additionally, a whale executed five WBTC transactions over four months with a 100% win rate, accumulating a profit of $19.62 million. These whale trading behaviors reflect market sentiment towards different cryptocurrencies and provide a reference for investors.

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Discussion Word Cloud

Classic Views

Whale trading behavior may affect the volatility of coin prices

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Whale trading may involve arbitrage

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Whale trading may have the characteristics of high risk and high return

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Whale trading behavior needs to attract investors' attention

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