Inverse Indicator Meme Coin Whale Made a Purchase Despite a Loss of 4.6 Million Dollars!

The whale, who had mastered losing money on his Meme coin investment, bought again.

According to the data transmitted by the on-chain analysis platform Lookonchain, a whale who sold when the price rose, made the purchase of dogiwfhat (WIF) despite a loss of $ 4.63 million.

This whale, seeing the correction rise following the recent declines as a buying opportunity, spent 3.77 million USDT to buy 2.06 million WIF. Whale purchases were made at an average price of $1.83.

The same whale has made WIF transactions twice so far and made a loss each time. On April 8, he had purchased 2.05 million WIFs worth $7.96 million at $3.88. He sold these assets at a price of $2.95 on May 7 and 8, for a loss of $1.92 million.

It then decided to purchase 2.34 million WIFs worth $6.48 million from May 16 to May 20 at $2.77. But this was not successful either and it sold at $1.61 with a loss of $2.71 million.

According to CoinGecko data, WIF, which has increased by 20% in the last 24 hours, is traded at $ 1.87 at the time of writing.