{"id":27637,"date":"2024-08-25T19:00:10","date_gmt":"2024-08-25T16:00:10","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=27637"},"modified":"2024-08-25T17:39:41","modified_gmt":"2024-08-25T14:39:41","slug":"the-largest-whale-in-this-altcoin-is-back-in-accumulation-mode","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/the-largest-whale-in-this-altcoin-is-back-in-accumulation-mode\/","title":{"rendered":"The Largest Whale in This Altcoin is Back in Accumulation Mode!"},"content":{"rendered":"

According to on-chain data, the biggest whale in a surprising altcoin appears to be accumulating tokens once again.<\/p>\n

In the memecoin market, one of the most talked-about tokens of recent times is witnessing its largest whale making significant purchases again.<\/p>\n

On-chain data reveals that the top whale of the dogwifhat<\/a> (WIF) memecoin has purchased 800,556 WIF tokens at an average price of $1.92, amounting to a total of $1.54 million.<\/p>\n

Currently, this whale holds 28 million WIF tokens valued at $53.23 million. With previous sales, the whale has amassed profits exceeding $77 million.<\/p>\n

Whales, who control a significant portion of a token’s supply, are typically known for making headlines with their sell-offs rather than their buys. Therefore, this whale’s decision to purchase WIF is particularly noteworthy.<\/p>\n

WIF was one of the standout stars during the surge of Solana-based memecoins. At the time of writing, WIF ranks as the fourth-largest memecoin globally, following Dogecoin, Shiba Inu, and PEPE, with a total market capitalization of $472 million.<\/p>\n

Over the past week, WIF has seen an impressive 30% rally.<\/p>\n

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don\u2019t forget to follow us on our\u00a0Telegram<\/strong>,<\/a>\u00a0YouTube<\/strong><\/a>\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a>\u00a0and updates instantly.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

According to on-chain data, the biggest whale in a surprising altcoin appears to be accumulating tokens once again. In the memecoin market, one of the most talked-about tokens of recent times is witnessing its largest whale making significant purchases again. On-chain data reveals that the top whale of the dogwifhat (WIF) memecoin has purchased 800,556<\/p>\n","protected":false},"author":1,"featured_media":22736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[4254,3774,319,3710],"class_list":["post-27637","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-dogwifhat","tag-on-chain","tag-solana","tag-wif"],"yoast_head":"\nThe Largest Whale in This Altcoin is Back in Accumulation Mode! - Coin Engineer<\/title>\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\/the-largest-whale-in-this-altcoin-is-back-in-accumulation-mode\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Largest Whale in This Altcoin is Back in Accumulation Mode! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"According to on-chain data, the biggest whale in a surprising altcoin appears to be accumulating tokens once again. 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