Whale Nets A Profit Of $161K While Trading DogWifHat Tokens

The cryptocurrency world can sometimes be overly lucky for some people. The vertical primarily serves those who know the intricate details and maneuvering tactics this industry often expects its traders to cultivate. Two lucky whales abided by the industry’s rules, and learned the nuances of the fine timing in the crypto domain, to strike a jackpot with the help of DogWifHat.

Per CoinMarketcap, WIF is up 8% in the last 24 hours, trading at a price mark of $3.01. These whales earned $161K by trading WIF tokens.

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Whale Accumulates Profits Worth $161K: Here’s What Happened?

The cryptocurrency world is full of fascinating stories where traders have amassed heaps of fortune in a nick of time. Similar to this, two whales struck heaps of money while trading DogWifHat or WIF crypto tokens.

Per the data available on LookOnChain, one whale transacted $1.3 million USDC to purchase WIF tokens priced at $2.89. As WIF surged later, the whale now possesses an unrealized profit of $161K per Solscan metrics.

Mimicking the same methodology, the second whale made a whopping purchase of $247,491 WIF tokens by selling $4,036 SOL($730K) tokens. These tokens are now valued at a whopping $7,44,947.

“WIF is pumping! We noticed 2 whales bought 701,668 $WIF($2.04M). Wallet”37reKQ” spent 1.31M USDC to buy 453,877 $WIF at $2.89 2 hours ago and has an unrealized profit of $161K. Wallet”8rWUUy” spent 4,036 $SOL($730K) to buy 247,791 $WIF at $2.95 in the past 5 hours and currently holds 1.4M $WIF(4.5M).”