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$WIF | The largest holder of @Dogwifcoin has amassed over $68M in profits and continues to accumulate the memecoin Data from @lookonchain shows that over the past three days, the whale deposited 21.9M $WIF ($35.48M) into Kamino, a popular DeFi platform
🚨News: $WIF Whale Goes Long, Borrows $3.2M with Liquidation Price Set at $0.75 https://t.co/xvk6JTPNCF
🚨 LATEST: According to @lookonchain, the top $WIF whale, with over $68M in profit, just deposited $35.48M in $WIF into #Kamino and bought an additional $1.8M worth of $WIF using $2.7M in USDC. (The whale already holds $44.36M worth of $WIF.) https://t.co/ctBDdflCwt
Recent developments in the cryptocurrency market indicate significant activity from a major holder of $WIF. This individual, who has accrued over $68 million in profits, has made substantial investments over the past three days. Specifically, they deposited 21.9 million $WIF, valued at approximately $35.48 million, into the DeFi platform Kamino. Additionally, the holder borrowed 3.24 million $USDC and used 2.7 million $USDC to purchase around 1.8 million $WIF. The whale's liquidation price for this position is set at $0.75, reflecting a strategic move to go long on $WIF, which they already hold worth $44.36 million.