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Trader Loses $654K on WIF, Still Buys More Meme Coins!

Coinedition LogoCoinedition1d ago

Trader Loses $654K on WIF, Still Buys More Meme Coins! - Coinedition

Quick Summary:

A crypto trader incurred massive losses after betting on dogwifhat (WIF), a prominent meme coin on the Solana (SOL) blockchain.

In less than 24 hours, sbfonchain.sol sold the coins for 4.08 million USDC, losing $654,000 on the position.

Interestingly, the trader remained bullish on meme coins and, after closing their WIF position, immediately invested the […]


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Article Details

Author / Journalist: Anisha Pandey

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 18:00:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 152 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23914075

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Trader Loses $654K on WIF, Still Buys More Meme Coins!" was covered 1 days ago by Coinedition, a news publisher based in India.

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Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 12 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23914075
  • URL: https://beamstart.com/news/trader-loses-654k-on-wif-17327745395695

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