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Whale Profits $1.52M After Selling 416.8M $MEW

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By on November 29, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Whale Profits $1.52M After Selling 416.8M $MEW appeared first on Coinpedia Fintech News

A whale offloaded all 416.8M $MEW for 16,270 $SOL ($3.94M), booking a profit of 6,270 $SOL worth $1.52M. This whale had originally spent 10,000 $SOL worth nearly $2.42M to acquire the 416.8M $MEW on July 15, using a DCA strategy. The sale marks a successful exit with significant gains from the token’s price movement. As of now, the Cat in a Dogs World meme coin is trading at a market price of $0.0094, losing the $0.010 psychological mark after a ~2% drop. 

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