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Gate Square New & Returning Creator Rewards are ongoing!
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The largest holder of meme coin Dogwifhat (WIF) based on Solana made a new purchase during the price drop.
According to the sharing made by the on-chain data and analysis platform Lookonchain on August 30, the largest holder of WIF, Kamino, borrowed 1.4 million USDC and purchased 643,832 WIF with 1 million USDC. The transaction was made 6 hours ago at the level of 1.55 dollars. Currently, this whale holds 28.66 million WIF, equivalent to 44.13 million dollars.
The profit of this whale on WIF is approximately $65.6 million.
On August 25, this whale made a similar move and bought 800,556 WIF for 1.54 million USDC. At that time, the whale had 28 million WIF, equivalent to 53.23 million dollars, and the profit in WIF was over 77 million dollars. In parallel with the general decrease in the cryptocurrency market, the WIF price also declined, and the whale incurred some loss from the profit. These transactions reveal the whale's impact and strategy on WIF.
#CryptoObservers
#ContentStar #Gate post Highlights