Whale’s Investment In Solana Memecoin $MUMU Narrows Losses Amid Surge
The post Whale’s Investment In Solana Memecoin $MUMU Narrows Losses Amid Surge appeared on BitcoinEthereumNews.com.
Solana-based memecoin $MUMU recently achieved a market capitalization of $260 million, experiencing a 57% increase in the last 24 hours and briefly breaking the $0.00012 mark, currently priced at $0.0001140. This surge has significantly narrowed the losses of a whale investor who had invested $2.51 million in $MUMU four days ago, reducing his floating loss to $138,000. 还记得四天前那个花费 251 万美金买入 Meme 代币 $MUMU 的巨鲸吗？🐋 MUMU 24 小时涨幅达 37.87%，短时突破 $0.00012 (现价 $0.0001057)，该巨鲸的浮亏也收窄至 13.8 万美金，几乎快要回本了… 死去的回忆突然开始攻击我：上次这么高调买土狗的还是 binance-insider.sol😂 pic.twitter.com/W1WrsdaJi4 — Ai 姨 (@ai_9684xtpa) July 29, 2024 Notable $MUMU Transactions Made By This Whale In The Last Few Days Prior to his major investment, the whale had already acquired a small position in $MUMU. On July 22, he exchanged 80,000 $WIF and 11 $SOL for 4.85 billion $MUMU tokens. By July 25, for reasons not fully understood, he decided to make a high-profile move, swapping 1 million $WIF for more $MUMU tokens. This transaction caused the price of $MUMU to skyrocket by 95 times in a very short period. 实际上豪掷千金前这位巨鲸就有过小额建仓，07.22 他花费 8 万枚 $WIF 和 11 $SOL 累计买入 48.5 亿枚代币 07.25 不知道出于什么原因，决定将 100 万枚 WIF 换仓为 MUMU，并且直接通过一笔交易高调买入，使得币价短时爆拉 95 倍🤯 意料之中的被夹后，他的单笔买入价格为 $0.0001268，整体成本为… pic.twitter.com/mGkkR0GuN6 — Ai 姨 (@ai_9684xtpa) July 29, 2024 As expected, the whale’s aggressive purchasing led to a squeeze, with his average purchase price hitting $0.0001268 and an overall cost of $0.0001110353 per token. Despite the volatility, the recent price surge has brought him closer to recovering his initial investment. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news! Image Source: jruiz1108/123RF // Image Effects by Colorcinch Source: https://nulltx.com/whales-investment-in-solana-memecoin-mumu-narrows-losses-amid-surge/
Filed under: News - @ July 30, 2024 12:26 pm