According to on-chain data provided by Lookonchain, a giant cryptocurrency whale seems to have learned little from its previous mistakes.
According to data, a cryptocurrency whale sold all his dogwifhat ($WIF) altcoins hours ago. Whale's sales included 2.34 million $WIF tokens valued at $3.77 million. Wallet lost 2.71 million dollars from this last sale.
The whale wallet in question had already lost $1.92 million in $WIF tokens in its previous transactions. The wallet has made a total of two trades regarding $WIF so far and lost money in both transactions. According to the data, the total loss was recorded as 4.63 million dollars.
The giant whale purchased $7.96 million worth of $WIF on April 8 at an average price of $3.88 and sold these tokens at an average price of 2.95 on May 7-8, making a loss of $1.92 million.
In his last transaction, he collected the $WIF tokens he sold at an average of $2.77 between May 16 and May 20 and paid $6.48 million. Whale sold these tokens hours ago at an average price of $1.61 and lost $2.71 million.
*This is not investment advice.