#Whale dumps WIF#

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Overview

Recently, a whale named "layercake.sol" has been selling 3.63 million WIF, worth $5.81 million, through a DCA strategy. The whale entered WIF on December 13, 2023, when WIF's market cap was only $3 million. This sell-off has caused WIF's price to drop, but the whale has already made a total profit of $4.43 million on WIF.

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Analysis

Recently, a whale named "layercake.sol" has been selling 3.63 million WIF, worth $5.81 million, through a DCA strategy. The whale entered the WIF market as early as December 13, 2023, when WIF's market cap was only $3 million. Through this sale, the whale has made a total profit of $4.43 million on WIF. This event has attracted market attention, with many speculating whether the whale's selling behavior will have a negative impact on the WIF price. Currently, the WIF price trend has not been significantly affected, but market sentiment remains cautious.

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Classic Views

Whale sells WIF through DCA strategy, making a huge profit

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Whale enters when WIF price is low and profits when the price rises

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Whale's selling behavior may have some impact on WIF price

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Whale's selling behavior may reflect its expectation of WIF's future price

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