#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 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.

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Analysis

Recently, a whale known as "layercake.sol" has been selling 3.63 million WIF, worth $5.81 million, through a DCA strategy. This whale entered WIF on December 13, 2023, when the market cap of WIF 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 some analysts believing that the whale's selling behavior could put some pressure on the WIF price. However, other analysts believe that the whale's selling behavior is normal market behavior and will not have a significant impact on the WIF price. The price trend of WIF still needs to be observed.

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Classic Views

Whale sells WIF through DCA strategy, making a huge profit

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Whale buys WIF at a low price and profits through DCA strategy when the price rises

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

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Whale's selling behavior may also reflect its expectations for the future price of WIF

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