The cryptocurrency whale bought heavily in meme coin, which rose more than 400% in a week.
Reported by on-chain analysis platform Lookonchain to data according to before dogwifhat (WIF) A whale who had an investment bought again on March 4.
The data shows that the whale in question $1.7 at cost 909 thousand dollars worth 534,956 WIFs He showed what he got. Whale Since February 16th sideways 4.53 million to get WIF $2.45 million he spent. While the WIF price was at 1.7 dollars, the investor profit to $5.2 million had reached. Approximately at current prices $4.6 million profit is available.
The fact that the whale continued to buy even though the prices had increased so much was interpreted as its obvious expectation that the upward momentum would continue. This whale has never sold, despite millions of dollars of profit from the purchases it has made so far.
According to CoinGecko data, in the last 24 hours 19% devalued WIF, at the time of writing from 1.5 dollarsis being processed.