PANews reported on November 3rd that, according to on-chain analyst @ai_9684xtpa, a "whale that heavily invested in Chinese Meme tokens at the peak" has cut its losses and exited the market. In the past 50 minutes, it liquidated its holdings of five tokens: Binance Life, Customer Service Xiao He, Hakimi, Memerush, and PUP, incurring a total loss of $3.598 million. Binance Life alone resulted in a loss of $2.49 million. With this, all of its $4.493 million investment on October 9th has been liquidated.
The "whale that heavily invested in Chinese memes at the peak" has liquidated all its holdings, incurring a total loss of $3.598 million.
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Author: PA一线
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