Author: Elena R Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Aug 30, 2024 11:39
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Reportedly, a wallet linked to Floki has returned after over two and half years and deposited 15.22 Billion Floki tokens worth $2.27 Million. Notably, this transaction was processed just before the Floki price plunge of 17.83%.
The tokens were released from a Floki deployer to this wallet during the first half of 2022. During the time of transfer in 2022, the price of Floki memecoin was only $0.0000307. With the present trading value of $0.0001278, this whale has booked a profit of 316.28%.
Source: https://coinpedia.org/crypto-live-news/dormant-whale-releases-15-22-billion-floki-tokens-hours-before-price-plunge/