Ramazan Eles 
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 WIF tokens at an average price of $1.92, amounting to a total of $1.54 million.
Currently, this whale holds 28 million WIF tokens valued at $53.23 million. With previous sales, the whale has amassed profits exceeding $77 million.
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.
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.
Over the past week, WIF has seen an impressive 30% rally.
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