{"id":20818,"date":"2024-05-19T11:14:02","date_gmt":"2024-05-19T08:14:02","guid":{"rendered":"https:\/\/coinengineer.io\/?p=20818"},"modified":"2024-05-19T11:14:02","modified_gmt":"2024-05-19T08:14:02","slug":"crypto-whale-loses-big-on-these-two-altcoins-heres-what-happened","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/crypto-whale-loses-big-on-these-two-altcoins-heres-what-happened\/","title":{"rendered":"Crypto Whale Loses Big on These Two Altcoins: Here’s What Happened!"},"content":{"rendered":"

According to on-chain data, a crypto whale has made significant losses on two altcoins in recent hours and made a new move.<\/p>\n

On-chain data analyzed by crypto analysts revealed interesting activity in the movements of a whale.<\/p>\n

The crypto whale, detected by Lookonchain, appears to have recently purchased a large amount of memecoins. Data shows that the whale, operating on the Solana network, bought $1.85 million worth of dogwifhat<\/a> (WIF) and $281,000 worth of POPCAT.<\/p>\n

The whale, who had previously traded, had bought $2.18 million worth of WIF at $2.98 and $361,000 worth of POPCAT at $0.5 three days earlier.<\/p>\n

As of this writing, WIF is trading at $2.54, while POPCAT is hovering around $0.37.<\/p>\n

So, the data shows that the whale in question has actually suffered significant losses.<\/p>\n

With the two memecoins experiencing significant declines, the whale lost $336,000 on WIF tokens and $80,000 on POPCAT.<\/p>\n

WIF is traded on the world’s largest cryptocurrency exchange Binance, while POPCAT is a relatively smaller-cap altcoin and is only traded on some smaller cryptocurrency exchanges.<\/p>\n

\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

According to on-chain data, a crypto whale has made significant losses on two altcoins in recent hours and made a new move. On-chain data analyzed by crypto analysts revealed interesting activity in the movements of a whale. The crypto whale, detected by Lookonchain, appears to have recently purchased a large amount of memecoins. Data shows<\/p>\n","protected":false},"author":1,"featured_media":6979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[393,4254,4618,6222],"class_list":["post-20818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-dogwifhat","tag-memecoins","tag-popcat"],"yoast_head":"\nCrypto Whale Loses Big on These Two Altcoins: Here's What Happened! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"According to on-chain data, a crypto whale has made significant losses on two altcoins in recent hours and made a new move.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/crypto-whale-loses-big-on-these-two-altcoins-heres-what-happened\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Whale Loses Big on These Two Altcoins: Here's What Happened! 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