Jeo Boden

Solana

Bitcoin

Pepe

dogwifhat

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 <p>A crypto whale that’s been dabbling in Solana (SOL)-based memecoins has become the largest holder of a dog-themed altcoin.</p>
 <p>First spotted by blockchain tracking firm Lookonchain, a deep-pocketed entity has accumulated $4.29 million worth of PUPS, a cartoony animal-themed meme token.</p>
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 <p>PUPS was originally created for Bitcoin (BTC) Ordinals but also exists on the Solana blockchain.</p>
 <p>Lookonchain says with the whale’s latest purchase worth more than half a million dollars, the entity has become Solana’s biggest holder of PUPS.</p>
 <p><em>“This whale bought 8,862 PUPS ($512,000) at $58 again before the Bitcoin halving.</em></p>
 <p><em>He has bought a total of 63,024 PUPS ($4.29 million), with an average buying price of $68, becoming the largest holder of PUPS on Solana.”</em></p>
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GLlLhoubsAA-lJ-?format=jpg&amp;name=large" alt="Image" width="1710" height="1236">
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   Source: Lookonchain/X
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 <p>Lookonchain notes that the same whale also owns President Joe Biden-themed Jeo Boden (BODEN) and dog-themed dogwifhat (WIF).</p>
 <p>Earlier this month, the firm witnessed Solana whales scooping up big discounts following a marketwide correction.</p>
 <p>Lookonchain spotted one Solana whale that went in to accumulate sloth-themed Slerf (SLERF) and Pepe the Frog-themed Book of Meme (BOME) from crypto exchange Binance. Another deep-pocketed investor loaded up on BODEN using KuCoin.</p>
 <p>Around the same time, the firm saw four other whales panic-sold the bottom or close to the bottom of last week’s correction, unloading a total of $12.41 million worth of WIF.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/memecoin-collector-becomes-largest-holder-of-solana-based-altcoin-before-bitcoin-halving-lookonchain-tbt85941.html">https://thebittimes.com/memecoin-collector-becomes-largest-holder-of-solana-based-altcoin-before-bitcoin-halving-lookonchain-tbt85941.html</a></p>

Memecoin Collector Becomes Largest Holder of Solana-Based Altcoin Before Bitcoin Halving: Lookonchain

TheBitTimes

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