🚨 Whale Alert! 🚨
WIF Price Jumps on Solana After Investor Move
Lookonchain has identified significant trading activity around $WIF, a new memecoin on the Solana blockchain. A mysterious large investor, aka whale, has been on a buying spree, transferring 1.83M $USDC from #Coinbase to a new wallet to acquire $WIF.
💸 Key Details
- **Spent:** 606K $USDC
- **Bought:** 227,896 $WIF at $2.66 each
- **Remaining USDC:** 1.22M
🌟 As a result, $WIF’s price surged nearly 7% from $2.53 to $2.69 within hours of Monday’s trading session! This could be just the beginning with 1.22M USDC still to be invested.
🔎 **Additional Insights:**
- This activity coincides with a 25% rise in $SOL (Solana's native token) over the past week.
- SOL has recently surpassed key Fibonacci retracement levels, indicating a potential bullish trend for the broader crypto market.
📊 Data Source: TradingView
📢 **Stay tuned for more updates and insights!**
⚠️ **Disclaimer:** This is not financial advice. Always do your own research before making any investment decisions.
