Solana-based memecoin $MUMU recently achieved a market capitalization of $260 million, experiencing a 57% increase in the last 24 hours and briefly breaking the $0.00012 mark, currently priced at $0.0001140.
This surge has significantly narrowed the losses of a whale investor who had invested $2.51 million in $MUMU four days ago, reducing his floating loss to $138,000.
还记得四天前那个花费 251 万美金买入 Meme 代币 $MUMU 的巨鲸吗？🐋
MUMU 24 小时涨幅达 37.87%，短时突破 $0.00012 (现价 $0.0001057)，该巨鲸的浮亏也收窄至 13.8 万美金，几乎快要回本了…
死去的回忆突然开始攻击我：上次这么高调买土狗的还是 binance-insider.sol😂 pic.twitter.com/W1WrsdaJi4
— Ai 姨 (@ai_9684xtpa) July 29, 2024
Notable $MUMU Transactions Made By This Whale In The Last Few Days
Prior to his major investment, the whale had already acquired a small position in $MUMU. On July 22, he exchanged 80,000 $WIF and 11 $SOL for 4.85 billion $MUMU tokens.
By July 25, for reasons not fully understood, he decided to make a high-profile move, swapping 1 million $WIF for more $MUMU tokens. This transaction caused the price of $MUMU to skyrocket by 95 times in a very short period.
实际上豪掷千金前这位巨鲸就有过小额建仓，07.22 他花费 8 万枚 $WIF 和 11 $SOL 累计买入 48.5 亿枚代币
07.25 不知道出于什么原因，决定将 100 万枚 WIF 换仓为 MUMU，并且直接通过一笔交易高调买入，使得币价短时爆拉 95 倍🤯 意料之中的被夹后，他的单笔买入价格为 $0.0001268，整体成本为… pic.twitter.com/mGkkR0GuN6
— Ai 姨 (@ai_9684xtpa) July 29, 2024
As expected, the whale’s aggressive purchasing led to a squeeze, with his average purchase price hitting $0.0001268 and an overall cost of $0.0001110353 per token. Despite the volatility, the recent price surge has brought him closer to recovering his initial investment.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Image Source: jruiz1108/123RF // Image Effects by Colorcinch