🤔The trader who received a 4530-fold profit on WIF began to drain the meme coin

Hodler, who previously made more than $1 million from the rising prices of the WIF meme token, began selling the coin. Lookonchain analysts drew attention to this.

The trader had 2.58 million WIF on his balance. After the asset reached $4.1 million, he began exchanging it for Solana.

He initially sold 750,000 WIF for 9,363 SOL ($1.21 million) at $1.61 on March 3.

Now he still has 1.83 million WIF in his wallet worth $2.91 million.

Total profit is x13,307 - $4.12 million.

At the time of writing, WIF is trading at $1.86 - a week later, the meme coin showed a fourfold increase, per CoinGecko. The coin's capitalization exceeded $1.8 billion.

Previously, online broker Robinhood added support for dogwifhat without prior announcement.