A crypto whale is attracting notices for selling millions of dollars worth of decentralized finance (DeFi) altcoins amid a market correction.
According to blockchain tracking company Lookonchain, one of the wealthy investors Sold They had a batch of MKR, the DeFi protocol maker's native token, within days as the asset fell below $2,000.
“The whale offloaded 2,658 MKR for 5.37 million DAI at an average price of $2,022 in… [four] days. The price of MKR has fallen by 7.6% since the whale started dumping.
The whale still holds 2,007 MKR ($3.9 million), be careful not to sell again!”
Maker is trading at $1,973.71 at the time of writing, up slightly over the past 24 hours.
LeConchine too I noticed Another crypto whale has just acquired a large amount from the decentralized oracle network Chainlink (LINK).
“New wallet pulled a total of 424,259 links ($6.26 million) from Binance [on January 28th]”.
LINK is trading at $15.05 at the time of writing, up approximately 1.42% in the past 24 hours.
Formerly a blockchain tracking company mentioned A trader made huge profits by buying and selling Wen (WEN), a memecoin built on the Solana (SOL) network. The trader sold WEN to receive $682,000 in USDC and retained $941,000 of unrealized gain.
“In just 14 hours, this trader made over $1.6 million trading MEME WEN! He spent 125,500 USDC to buy 20 billion WEN when WEN opened trading, and sold 12.5 billion WEN for 807,000 USDC, making a profit of 682,000. She currently owns 7.6 1 billion won (US$941,000), with unrealized gains of US$941,000.
WEN is trading for $0.000111 at the time of writing, down over 30% in the last 24 hours.
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