- Whale buys 1.15M $WIF for $3.77M, signaling major moves in the crypto market.
- WIF’s price rally sees a 23.58% increase, reflecting investor optimism.
- Technical breakout may push WIF to new heights. However, the risks of pullback looms.
A ‘whale’ has reportedly purchased 1.15 million $WIF, worth approximately $3.77 million, and engaged in multiple transactions. The transactions included withdrawing and depositing large quantities of $WIF tokens to and from Binance, hinting at tactical asset management by the individual or entity.
A whale spent 24,174 $SOL($3.77M) to buy 1.15M $WIF and withdrew 39,600 $WIF($131K) from #Binance 5 hours ago.The whale also withdrew 357,298 $WIF ($1M) from #Binance on April 14.
Then he deposited all $WIF into #Kamino and #Meteora.https://t.co/6exqPdOVoQ pic.twitter.com/VjBwhZgqCM
— Lookonchain (@lookonchain) April 24, 2024
According to Lookonchain, an analysis platform, the whale initially bought the $WIF tokens using $SOL, totaling 24,174 $SOL. Within the same period, the whale withdrew 39,600 $WIF, equivalent to around $131,000, from Binance.
Further illustra…
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