Dogwifhat Smart Whale Dumps Heavily Booking Profit, Has WIF Price Topped?

Quick Summary:

Recent on-chain statistics indicate that the smart whale traded a whopping 850K coins to book a notable profit of $7.5 million.

A Dogwifhat smart whale caused a stir across the broader cryptocurrency landscape on Friday, heavily dumping the dog-themed meme token.

While this profit-making strategy underscored the meme coin’s potential to offer substantial gains, it also signaled a loss of investor confidence in the asset’s future potential.

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Category: Crypto

Markets: IndiaChad

Topics: Solana meme coin Crypto whale Altcoin News Dogwifhat (WIF) Price Dogwifhat (WIF) 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 07:38:05 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 14 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 23600058

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