#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 the WIF market as early as December 13, 2023, when WIF's market cap was only $3 million. This sell-off has already earned the whale a profit of $4.43 million on 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. The whale's sale of WIF has attracted market attention, and some analysts believe that this may be due to the whale's pessimistic outlook on the future development of WIF, or it may be for profit-taking. Currently, the price of WIF has seen a certain decline, but the specific impact remains to be seen.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale sells WIF through DCA strategy, making a huge profit
Whale buys WIF at a low price and profits through DCA strategy when the price rises
Whale's selling behavior may have some impact on the price of WIF
Whale's selling behavior may cause market concerns