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.
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.
