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Great Loss in MELANIA Token Investment: Whale Who Made a $22 Million Purchase Crashed! - Coin Bulletin
A whale trying to catch the trend in the market with Trump's presidency suffered more than 65% loss.
According to GMGN data, a robot whale address named A3ZcnX…wjm6Sg bought a total of 2.1 million MELANIA tokens yesterday by spending a total of 22 million dollars. Purchases were made at an average price level of 10.5 dollars. However, the whale suffered a significant loss by selling approximately 25% of its position at an average price of 7.54 dollars.
As a result of these transactions, the current floating loss amount of the address has exceeded 10.6 million dollars. This represents a loss of 65.04% and makes the address the account with the largest loss position on MELANIA.
This significant damage to the MELANIA token has attracted serious attention in the market, once again highlighting the token's volatility and the risks it poses to investors.