#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 caused fluctuations in the price of WIF, but the whale has already made a total 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 $3 million. Through the DCA strategy, the whale has made a total profit of $4.43 million on WIF. The whale's selling behavior has raised concerns about the price of WIF in the market, but it is unclear why the whale is selling and whether it will continue to sell.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale sells WIF through DCA strategy, making a huge profit
Whale enters when WIF market value is low and profits after market value rises
Whale's selling behavior may have some impact on WIF price
DCA strategy is a common investment strategy that can help investors gain profits in market fluctuations