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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/26955
Published: 2026-10-06T05:31:54.000Z
Updated: 2026-10-06T05:31:54.000Z
Section: Investing

> 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 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.