The post Whale Accumulates 31.2M $WIF, Rakes in $74M Profit appeared on BitcoinEthereumNews.com.

A whale in the WIF ecosystem is making headlines as it borrows 4.5M $USDC from the Kamino Finance to purchase 2.55M $WIF at an average of $1.76. With a new purchase, the whale adds 2.55M $WIF to its massive portfolio and hits 31.2M $WIF, worth $57.4M. This whale’s strategic buying streak starts from last year’s December, when it bought 19.86M $WIF at a minimal price of $0.0114, for a total profit exceeding $74M. Further, the whale also spent 86,738 SOL (worth $8.92M) in a single transaction to acquire 17.23M $WIF.   We’d Love to Hear Your Thoughts on This Article! Was this writing helpful? Source: https://coinpedia.org/crypto-live-news/whale-accumulates-31-2m-wif-rakes-in-74m-profit-after-major-buy-at-1-76/

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Filed under: News - @ September 20, 2024 7:26 am