"Giant whales deploy SLERF, hidden fund flows behind the $2.3 million SOL swap"
On-chain data shows that 3.15 big account (@bazingahappy) withdrew 6007 SOL (worth about $1.32 million) from Binance for $2.3 million 40 minutes ago, and then quickly changed hands and bought SLERF with 4642 SOL (about $1.02 million) at a unit price of $0.4325, which obviously absorbed this wave of currencies at a high level. And just 4 hours ago, the AkxGU...wfyqW address also entered the market with 1.03 million USDC and bought 2.52 million SLERF, with a lower position cost of $0.4103.
The hidden fund flow behind it
This fund flow is worth further investigation. From extracting SOL at a high level to sucking SLERF at a low level, it seems that the giant whale is rotating funds and arbitrage operations. This also makes us more interested in the future potential of SLERF, especially in the market turmoil, will it usher in an explosive rise?
SLERF price prospects are worth paying attention to
With the progress of these large operations, the supply and demand relationship and market depth of SLERF may be affected. If large investors continue to increase their positions, the direction of this token cannot be underestimated. Next, will it trigger more funds to follow up? Technically, breakthroughs may also be gradually launched.
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