The giant whale takes action! A mysterious wallet splashes 4.73 million USDC, targeting the future potential of WIF?
Two hours ago, a wallet named “sbfonchain.sol” completed a striking operation:
Buying 1.42 million WIF at an average price of 3.34 USD, with a total expenditure of up to 4.73 million USDC!
Source of funds: Huge capital movement, the buyer is likely to be an institutional player or a private whale with high confidence in WIF; Market signal: In the current market environment, the entry price of 3.34 USD indicates high expectations for WIF, perhaps a price surge is brewing; Potential opportunity: This move may stimulate market sentiment, attracting more follow-up funds and forming a short-term market booster.
The entry of the whale is a signal, but not a reason for blindly chasing highs. There is always uncertainty in the market, and entry operations should be flexibly adjusted based on one’s own position and risk tolerance. The key is: to see the trend clearly, not to follow blindly, and to steadily follow the direction of the funds.
Where will WIF go next? Is the whale's action the beginning of a layout or a high-level sell-off?
Stay tuned with Old Lin, sharing more in-depth market analysis with you!
