According to monitoring by on-chain analyst @ai 9684xtpa, this giant whale often chases the rise of the market and decisively leaves the market when it plummets, hence the name "Chasing the rise and killing the fall". However, a recent transaction caused the whale to suffer heavy losses, amounting to US$1.48 million.
Just 11 hours ago, Giant Whale unexpectedly received a refund from Miladv. This undoubtedly brought a bit of relief to the giant whale, and also allowed him to see market opportunities again. So, he decided to take action again and bought tokens with 5,266 SOL.
The whale first chose BOME tokens. He bought 4,140 tokens at an average cost price of only $0.0117. This time, his judgment seemed to be quite accurate, and the price of the BOME token subsequently increased, only bringing him a profit of $2,000.
However, the subsequent transaction did not go smoothly. He decisively bought 496,000 SLERF tokens at an average cost of $0.9616. But the market did not go as he wished, and the price of SLERF tokens continued to fall, causing him to lose $57,000.
After this round of buying, Giant Whale currently has a loss of US$55,000, and the cumulative loss has reached US$1.535 million. I believe this has happened to many of my friends who lost a lot due to small losses. This number is undoubtedly another heavy blow to the giant whale.
I think he will have more operations in the future, and I wish him the best to recover from this loss. If there are any other subsequent trading operations, I will share them with my fans as soon as possible.
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