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Whale Behavior in the Memecoin Market

Dogwifhat (WIF)

The largest WIF holder has increased their holdings by 2.3 million tokens, bringing their total to over 23 million WIF. This purchase follows a previous large acquisition of 17.22 million WIF.

Other Memecoin Whales

Another WIF whale who had previously lost $4.63 million has also purchased more tokens, indicating a belief in the asset’s potential.

Pepe (PEPE)

A whale has sold off 700 billion PEPE tokens, resulting in a loss of approximately $3.5 million.

Shiba Inu (SHIB)

A whale has sold off their entire SHIB holdings, making a profit of $8.3 million. This follows previous purchases of SHIB totaling 1.08 trillion tokens.