👉👉Meme Coin Whale Held and Sold for a Day: Loss of More Than $600,000 👈👈
According to data provided by blockchain analysis platform Lookonchain, the sbfonchain.sol wallet sold its WIF tokens in less than a day and obtained 4.08 million USDC. However, it is seen that it lost approximately $654,000 in this transaction.
The sbfonchain.sol wallet, which invested some of the funds obtained from the WIF sale in different tokens, carried out the following transactions:
Buy 1.6 million CHILLGUY with 1 million USDC. Buy 1.44 million Fartcoin with 500 thousand USDC. Buy 2.6 million UBC tokens with 176 thousand USDC.
These transactions show that the wallet owner continues to make high-risk investments. Despite losing money on WIF tokens, his focus on lesser-known tokens like CHILLGUY, Fartcoin, and UBC suggests that he is pursuing a strategy aimed at short-term profit.
Such moves can often lead to price fluctuations in the markets and cause widespread discussions in the crypto community. Especially large investments in meme tokens and lesser-known projects can affect liquidity in the market.
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