Home/Crypto Live News/Crypto Whale Buys $895K WIF with $2M Loan, Making a Total $86M In Profit!
Crypto Live News
Mustafa Mulla
Mustafa Mulla
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Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Sep 26, 2024 18:27 UTC Less than a minute 9 Total Readers
9 Total Readers
Lookonchain, a prominent blockchain analytical platform, the largest holder of WIF has borrowed $2 million in USDC from Kamino to purchase nearly 895,000 $WIF tokens for $2.24 each. This transaction took place just an hour ago and showcases the confidence this whale has in the asset. With this latest buy, the whale now holds 32.1 million $WIF, worth approximately $71 million. Making, their total profit from these investments has exceeded $86 million!
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