Tragic! REEF whales bought the bottom and got trapped, losing $2.36 million in 24 hours!

On October 16, according to on-chain monitoring data, two whale wallets staged a tragic loss drama on HTX. Wallet 1 withdrew 180 million REEF from Gate on October 12, worth about $1.3 million, and Wallet 2 withdrew more than 600 million REEF from September 23 to 24, with a unit price of $0.005, about $3 million. However, REEF tokens plummeted 71.8% in just 24 hours, and the whales quickly deposited the tokens into HTX, and the total loss was as high as $2.36 million, a heavy drop of 55%.

This wave of operations can be called a textbook-level reverse demonstration. Investors should avoid chasing highs and selling lows. Reasonable layout is crucial! Pay attention to Lao Lin, don't let market sentiment influence your judgment!

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