What Did Whales Do in the Recent Drop? A Mysterious Whale Attracted Attention with His Altcoin Purchase and Selection!

While Bitcoin (BTC) and altcoins have experienced sharp declines in the last 24 hours, some investors have resorted to panic selling. However, some investors bought with the idea that every decline is an opportunity.

According to Spot on Chain’s post, a mysterious whale made a large purchase of four Solana (SOL)-based memecoins today.

Accordingly, the whale bought memecoins named WIF, POPCAT, FWOG and MICHI.

“Large memecoin accumulation detected in Solana history!

In the last 14 hours, whale “DWhUa” allegedly purchased $18.57 million worth of 4 memecoins on Binance and DEX.

These coins include:

7,249 WIF ($13.3 million value) 5.77 million POPCAT ($3.82 million value) 4.57 million FWOG ($980K value) 3.9 million michi ($470K value)

While these memecoins were also affected by the recent decline, WIF fell by 10.6%; POPCAT by 16.4%; FWOG by 8.9% and michi by 7.7% in the last 24 hours.

Big #memecoins accumulation on #Solana detected!

In the past 14 hours, whale "DWhUa" has allegedly purchased $18.57M worth of 4 meme coins via Binance and DEX, including:

• 7.249 $WIF ($13.3M)
• 5.77M $POPCAT ($3.82M)
• 4.57M $FWOG ($980K)
• 3.9M $michi ($470K)

All these… pic.twitter.com/plT0JzGKFq

— Spot On Chain (@spotonchain) January 8, 2025

*This is not investment advice.