MELANIA's Second Largest Whale Liquidates Entire Holdings...Loses $3.74M
Son Min
Summary
- It was reported that MELANIA's second-largest whale has liquidated their entire MELANIA holdings.
- The whale had purchased $10 million worth at an average price of $1.5, but suffered a total loss of $3,739,000 from this liquidation.
- This event has prompted warnings to MELANIA investors about the asset's volatility and potential for losses.
The second-largest whale by MELANIA holdings has completely liquidated their position.
According to EmberCN on the 26th (local time), the second-largest MELANIA whale sold their entire holdings of 6,688,000 MELANIA at $0.937. Previously, they had purchased $10 million worth of MELANIA at an average price of $1.5 earlier this month.
As a result of this liquidation, the whale suffered a total loss of $3,739,000 (approximately 5.3 billion won).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit