CandleFocus Dogwifhat Smart Whale Dumps Heavily Booking Profit, Has WIF Price Topped?
2024-11-15
Author: Content Editor
A smart whale, nicknamed Dogwifhat, created a buzz in the cryptocurrency market by selling a large amount of the dog-themed meme token known as WIF. On-chain data revealed that the smart whale sold 850K coins, resulting in a profit of $7.5 million. This trading strategy gained considerable attention as it led to a 15% crash in the price of WIF, causing investors to doubt if the token has reached its peak during the ongoing bull market.
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