Whale Boosts $WIF Token Price with $SOL Purchase
In a recent development, a whale has made a significant investment in $WIF tokens with the goal of driving up their price. Lookonchain, a well-known on-chain analytics platform, revealed this event on their official account.
The whale spent a total of 17,966 $SOL tokens, equivalent to $2.98 million, to purchase 953,177 $WIF tokens at a price of $3.13 within the last five hours. This transaction caused the price of $WIF to increase by approximately 7%.
Interestingly, this is not the first time the whale has shown interest in $WIF tokens. On May 21, the whale used 1 million $USDC to buy 355,417 $WIF tokens at a rate of $2.81 per coin. The following day, the whale sold these tokens for $3.07, making a profit of $90,000.
Lookonchain has provided these details, shedding light on the whale’s previous involvement in $WIF token activity.
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SOL
WIF