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).

MELANIA