Dogwifhat ($WIF ) faced a sharp drop to $1.85, down 61% from its November peak, reflecting broader crypto market struggles. However, a major whale seized the dip, investing $13.34M in 7.25M WIF tokens, signaling faith in a recovery alongside other Solana meme coins like Popcat and Michi.

🔥Centralized exchange (#CEX ) reserves dropped by 0.32%, with $24.1M worth of WIF exiting exchanges in 24 hours, suggesting investor optimism despite bearish technicals. Traders are eyeing the critical $1.82 support, with potential for further decline to $1.093 if bearish momentum continues. While risks remain, whale confidence and reduced reserves hint at hope for a rebound.

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