Web Analytics
Coin Edition
2025-01-08 14:19:13

Crypto Whale’s $18.57M Memecoin Buy Turns Heads on Solana

Whale accumulates $18.57M in memecoins on Solana, triggering market volatility trends. WIF sees price drop by 10.45%, but volume surges 63.40%, signaling active trading. MICHI shows slight recovery with a 1.06% gain, backed by rising trading volume. A crypto whale identified as “DWhUa” has made headlines with a massive $18.57 million investment in Solana-based memecoins. The purchase included $13.3 million in $WIF, $3.82 million in $POPCAT, $980,000 in $FWOG, and $470,000 in $MICHI. All tokens were transferred to a newly created wallet, “D2Noa,” sparking speculation about potential price movements and market trends. WIF Faces Decline Despite Volume Surge $WIF , the largest holding, has already seen a 10.45% drop to $1.85 in the last 24 hours despite a sharp 24-hour trading volume surge of 63.40%. This potentially indicates active trading or potential sell-offs. Incidentally, the token peaked at $2.065 before experiencing consistent downward momentum. Source: Coinmarketcap Support levels at $1.80 and $1.70 could provide a safety net for prices. Conversely, resistance levels at $1.90 and $2.00 may challenge recovery attempts. Notably, the high volum… The post Crypto Whale’s $18.57M Memecoin Buy Turns Heads on Solana appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.