#Whale dumps WIF#
Hot Topic Overview
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 as early as December 13, 2023, when WIF's market cap was only $3 million. Currently, the whale has made a total profit of $4.43 million on WIF. This event has attracted market attention, and many people are worried that the whale's sell-off will have a negative impact on the price of WIF.
Ace Hot Topic Analysis
Analysis
According to Lookonchain, a whale known as "layercake.sol" is selling 3.63 million WIF, worth $5.81 million, through a DCA strategy. The whale entered WIF as early as December 13, 2023, when WIF's market cap was only $3M. Through the DCA strategy, the whale has made a total profit of $4.43 million on WIF. This suggests that the whale may be cautious about the future trend of WIF and hopes to gradually reduce its holdings of WIF through the DCA strategy to lock in profits. However, the whale's selling behavior may also have a negative impact on the price of WIF to some extent. Investors need to closely monitor the price trend of WIF and make investment decisions based on their own circumstances.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale sells WIF through DCA strategy, making a huge profit
Whale invested in WIF early and profited after the price rose
Whale's selling behavior may have some impact on WIF price
DCA strategy is a common investment strategy that can help investors reduce risk