Crypto:
30349
Bitcoin:
$64.245
% 0.85
BTC Dominance:
%54.0
% 0.22
Market Cap:
$2.34 T
% 1.02
Fear & Greed:
63 / 100
Bitcoin:
$ 64.245
BTC Dominance:
% 54.0
Market Cap:
$2.34 T

Crypto Whale Loses Big on These Two Altcoins: Here’s What Happened!

Bitcoin Whale

According to on-chain data, a crypto whale has made significant losses on two altcoins in recent hours and made a new move.

On-chain data analyzed by crypto analysts revealed interesting activity in the movements of a whale.

The crypto whale, detected by Lookonchain, appears to have recently purchased a large amount of memecoins. Data shows that the whale, operating on the Solana network, bought $1.85 million worth of dogwifhat (WIF) and $281,000 worth of POPCAT.

The whale, who had previously traded, had bought $2.18 million worth of WIF at $2.98 and $361,000 worth of POPCAT at $0.5 three days earlier.

As of this writing, WIF is trading at $2.54, while POPCAT is hovering around $0.37.

So, the data shows that the whale in question has actually suffered significant losses.

With the two memecoins experiencing significant declines, the whale lost $336,000 on WIF tokens and $80,000 on POPCAT.

WIF is traded on the world’s largest cryptocurrency exchange Binance, while POPCAT is a relatively smaller-cap altcoin and is only traded on some smaller cryptocurrency exchanges.

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