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MEME Whale Spends $1.22 Million on Tokens, Faces $708,000 Loss

The address bought 30.65 million MEME over the past month and became the token’s largest holder. It was still buying 10 hours before the report.

A phone rests beside a small stack of dog-themed coins / TokenPost.ai
A phone rests beside a small stack of dog-themed coins / TokenPost.ai

A cryptocurrency address became MEME’s largest holder after spending $1.22 million to buy 30.65 million tokens over the past month, while its position showed an unrealized loss of $708,000.

The address continued buying as recently as 10 hours before the report. Its accumulated holdings and reported loss reflect activity at a single address.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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