A large cryptocurrency owner lost more than $ 4.6 million on a popular digital token

Note: not an investment advice!

Lookonchain blockchain analysts have informed the crypto community about a whale that suffered significant losses due to two unsuccessful transactions with the WIF meme-coin. The investor’s total losses amounted to $ 4.63 million.

The first failure occurred on April 8, when the investor purchased 2.05 million WIF for $ 7.96 million, at $ 3.88 per token. However, on May 7 and 8, he sold his assets for $ 2.95, which resulted in a loss of $ 1.92 million.

The second deal turned out to be even worse. From May 16 to 20, the investor again bought 2.34 million WIF tokens for $ 6.48 million, at $ 2.77 per coin. on June 24, he had to sell all the tokens at an average price of $ 1.61, resulting in a loss of $ 2.71 million.

In total, the investor lost $ 4.63 million due to unsuccessful trading. However, he did not give up and continued his investment. After the price of WIF fell, he spent $ 3.77 million in USDT again to buy back 2.06 million WIF at an average price of $ 1.83 per coin.

No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital assets!