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Massive Cryptocurrency Whale Sells a Big Chunk of Solana (SOL), Then Buys These Two Altcoins

A large cryptocurrency whale has participated in the recent memecoin trend by selling $2.7 million worth of Solana (SOL) and purchasing dogwifhat (WIF) and Bonk (BONK). The whale used $1.57 million to buy WIF at an average price of $3.87 and $1.13 million to buy BONK at an average price of $0.0000387. The current prices for WIF and BONK indicate that the whale has made a profit on WIF but experienced losses on BONK. The memecoin frenzy is particularly prominent within the Solana ecosystem, with altcoins like the recently launched PNUT token reaching a market value of $1.82 billion.

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