Confused Whale Loaded into the Wrong Altcoin: Suffered a Massive Loss

2025-01-03 20:01:33

According to on-chain data, a cryptocurrency whale may have made a significant mistake with the altcoin they purchased.

A crypto whale that previously made a substantial profit in an altcoin called SWARMS lost 298 SOL worth 63,400 dollars by mistakenly purchasing the wrong altcoin.

Moments ago, the whale bought a altcoin named AUTOSPORES by spending 325 SOL, but immediately realized that it had purchased the wrong altcoin. The panicked whale sold all AUTOSPORES tokens at a loss and then bought SPORES.

When the data is analyzed, it can be seen that this crypto whale previously purchased $12.48 million worth of SWARMS on December 20th and made a profit of $10.25 million from it. In addition, a profit of $2.67 million was obtained from ZAILGO and $549,000 from MCS.

However, the fact that the crypto whale has invested such a large amount in these relatively unknown altcoins raises suspicion that the wallet may belong to someone on the inside, so it is important to be extra cautious.

KAR-0.35%

G2.23%

ALD1.13%

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