#Whale dumps WIF#

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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 resulted in a total profit of $4.43 million for the whale on WIF.

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Analysis

Recently, a whale known as "layercake.sol" has been selling 3.63 million WIF tokens, 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 many speculating whether the whale's selling activity will negatively impact the price of WIF. Currently, the price trend of WIF 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 invested in WIF early and profited after the price rose

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

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DCA strategy is a common investment strategy that can reduce investment risk

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