The post Dogwifhat Whales Dump $16M Worth WIF Over The Week appeared first on Coinpedia Fintech News

Dogwifhat whales have offloaded substantial amounts of their holdings which is nearly $16 million worth of WIF over the past week. The large sell offs have put a downward pressure on the memecoin’s price as it plunged over 14% in the last 24 hours. Notably, Dogwifhat has lost 25% in the past week and over 35% in the past month. The rapid decline in the memecoin’s value reflects a broader trend within the crypto market. Despite the broader market downturn, the trading volume of WIF has increased by 7.22%.