Recently, various whales have taken action and made significant moves in the cryptocurrency space. According to Lookonchain data, a whale sold WIF coin and BODEN assets. Then he bought PUPS. Additionally, the movements of other whales also attracted attention. Here are the details…
PUPS attracts attention
Recently, the PUPS cryptocurrency, also known as Ordinals, has significantly increased its popularity in the cryptocurrency industry following the Bitcoin halving event. The fact that Bitcoin remains the leading cryptocurrency and the decrease in supply with the halving has brought about an interest in PUPS. This interest has also attracted the attention of crypto whales. Recently, successful data provider Look On-Chain reported that crypto whales continued to purchase PUPS after the halving.
According to information provided by Look On-Chain, a crypto whale invested 512 thousand dollars by purchasing 8,862 PUPS at $ 58 after the halving. This investment enabled the whale to purchase a total of 63,024 PUPS (valued at $4.29 million) at an average purchase price of $68, making it the largest holder of PUPS in Solana. This analysis by Look On-Chain shows that crypto whales’ interest in PUPS (Ordinals) continues after the halving. cryptokoin.com As we reported, the halving took place today at night.
Profitable investment in MEMEcoin: Trader earned $1.49 million in two days!
In another tweet from Look On-Chain, a trader’s profitable investment in #MEMEcoin is mentioned. This trader made a profit of $8,282.8 SOL ($1.49 Million) by purchasing a total of 7 #MEMEcoins on March 16 and 17. Look On-Chain analyzed all of this trader’s transactions and analyzed how he made so much profit.
According to the analysis, 6 of the trader’s first 10 MEMEcoin investments were loss-making and the win rate was only 40%. However, the trader cautiously took care not to invest more than $80SOL. After two weeks of trading experience, the trader appears to have grasped the method. After this stage, he started investing more than $500 SOL and even $1,000 SOL. The trader bought 35 tokens in total and made a profit on 25 of them. The trader, whose winning rate increased to 71.43%, made a total profit of 8,582.6 SOL (1.54 Million Dollars). 96.5% of the total profit came from the trader’s last two days of trading. It was stated that the trader’s address was J1T5MFNkbSgStH6PQsjsifFGpZQBejeEjLRrihJt43.
Balina invested in PUPS using Boden and WIF coin!
In Look On-Chain’s last tweet, a whale made 54,161 $PUPS using 1.8 Million $boden ($1.15 Million) and 1.05 Million WIF coins ($2.63 Million) since April 11. It is stated that he bought it ($2.88 million). While the average purchase price of the whale was calculated as 70 dollars, it was stated that it still costs $20 Million Boden ($16.4 Million) and $2.22 Million WIF ($6.1 Million).
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