Attention!!!
WIF Holders, Watch Out!!!
Big one is coming!
WIF was sold off by whales!
Just today, a whale investor dumped 850,000 WIF tokens, causing the price to drop by more than 15% in a day. The transaction netted the whale about $7.5 million in profit.
According to the data, the wallet that conducted the transaction has been identified as 3cBB2Z. Despite the sale, the whale still has 50,000 WIF in its wallet.
While this massive sell-off shows the profit potential of WIF, it also undermines investor confidence. The market's reaction to the sell-off has caused some investors to worry. Despite this, the market still hopes that the price of WIF will recover in the future.
The same whale also made a significant profit from another Solana-based meme token, PNUT. The whale bought 1.74 million PNUT for 3,800 SOL, potentially making a profit of $2.07 million. In addition, the whale's portfolio also includes tokens such as GIGACHAD (GIGA) and Chaos and Disorder (CHAOS).
Market data raises concerns as the price of WIF has fallen 16% to 3.54 in the past 24 hours. The daily minimum and maximum prices of WIF are 3.38 and 4.33 respectively. In addition, trading volume has fallen by 48% to $1.99 billion, indicating that the market's interest in WIF has decreased.
Futures trading has also seen a similar decline. According to the data, the open interest of WIF futures has decreased by 19% to $609.02 million, while derivatives trading volume has fallen by 41% to $4.17 billion.
David believes that the cryptocurrency market will usher in strong growth in the fourth quarter of this year. In particular, the impact of the results of the US election is expected to revive the market. WIF may also hit new highs.
Despite the massive sell-off, the market is still paying attention to the potential of WIF. It is crucial for investors to remain cautious and keep a close eye on market movements. In the coming period, the performance of WIF may have a decisive effect on the overall market situation, so those who are on the train must hold on.
If you want to seize this round of bull market, it is definitely too late to learn and sell now, and it is best to have someone to guide you to get started quickly.
I am David, welcome to communicate!
