dogwifhat Whale Sells 539,558 WIF As Open Interest Tops 8%
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A dogwifhat whale has just smiled to the bank with 539,558 WIF selloff worth $2 million amid dwindling market sentiment
HIGHLIGHTS
a dogwifhat whale just bagged a new tranche of $2 million in profit
Market is experiencing intense volatility with WIF Open interest soaring
Memecoin competition is now higher than projected
A smart whale investor in the crypto market is currently making headlines following sales of 539,558 dogwifhat (WIF) meme tokens. This move follows an 8% increase in the Open Interest of dogwifhat amid a highly volatile market trend.
According to on-chain analytical platform Lookonchain, the whale investors sold all 539,558 WIF at a price of $3.7 per token. From this sale, a total of 11,708 Solana (SOL) was secured placing the value at about $2 million.
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