#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. 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.
Ace Hot Topic Analysis
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 WIF on 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, and some analysts believe that the whale's selling behavior may have a negative impact on the price of WIF to some extent. However, there are also views that the whale's selling behavior is a normal market operation and will not have a substantial impact on the long-term development of WIF. Currently, the price trend of WIF still needs further observation.
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 through DCA strategy
Whale's selling of WIF may put some pressure on the price
Whale's selling behavior may trigger market fluctuations