😱🦈🦈The Solana whales bought 3 Meme Coins in dips
While tension between Israel and Iran has seriously dampened cryptocurrencies, it appears that whale accounts are making misleading moves on each other. On-chain data shows that two whales are buying heavily during dips, while other whales engage in panic selling.
Some whales saw the recent drop in the price of Solana-based meme coins, which have shown a huge rise due to Israeli-Iranian tension, as a buying opportunity. According to information provided by on-chain data tracking platform Lookonchain, two “Solana whales” have begun aggressively collecting SLERF coins, BOME and BODEN.
A whale took 32 thousand SOLS worth 4.5 million dollars from the Kucoin exchange and bought 300 thousand BODEN at 0.59 dollars. Another whale took out $2.5 million LEFT from #Binance and spent some of it to buy a $1.1 million#SLERFwith a BOME of $650K.
Some whales are panicking
These two whales were seen doing intensive shopping, while some panicked at the falls. Again, according to the information provided by Lookonchain, 4 whales made strong sales in WIF, the largest meme coin on the Solana network. Whales have sold a total of 12.4 million WIFS. It was also noted that sales were at the lowest levels seen in declines.
9WHHoq wallet from $2.35 to $7.3 million.
BdvbXr portfolio from 1.9 to 2 million dollars,
85Abtu portfolio from $2.08 to $1.88 million,
and the DpJGh2 wallet also sold $1.3 million worth of WIF at $1.97.
#WIF, which recovered quickly yesterday, had risen above $3. The Meme token, which fell to $2.7 with the drop experienced this morning, is still priced above the value at which these 4 are sold