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.



Other News from Today