Never-Learning Whale Couldn’t Be Patient With This Memecoin, Sells All Its Tokens at a Loss – Total Loss $4.63 Million

According to on-chain data provided by Lookonchain, a giant cryptocurrency whale seems to have learned little from its previous mistakes.

According to data, a cryptocurrency whale sold all his dogwifhat (WIF) altcoins hours ago. Whale’s sales included 2.34 million WIF tokens valued at $3.77 million. Wallet lost 2.71 million dollars from this last sale.

The whale wallet in question had already lost $1.92 million in WIF tokens in its previous transactions. The wallet has made a total of two trades regarding WIF so far and lost money in both transactions. According to the data, the total loss was recorded as 4.63 million dollars.

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The giant whale purchased $7.96 million worth of WIF on April 8 at an average price of $3.88 and sold these tokens at an average price of 2.95 on May 7-8, making a loss of $1.92 million.

In his last transaction, he collected the WIF tokens he sold at an average of $2.77 between May 16 and May 20 and paid $6.48 million. Whale sold these tokens hours ago at an average price of $1.61 and lost $2.71 million.

*This is not investment advice.

Continue Reading: Never-Learning Whale Couldn’t Be Patient With This Memecoin, Sells All Its Tokens at a Loss – Total Loss $4.63 Million