The post <a href="https://coinpedia.org/crypto-live-news/dormant-whale-awakens-with-1-25m-wif-deposit-shakes-market/" rel="noopener noreferrer nofollow">Dormant Whale Awakens With $1.25M $WIF Deposit, Shakes Market!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
A dormant whale makes a comeback for $WIF with a significant move. The whale makes an entry after a month of silence and deposits 700K $WIF (valued at $1.25M) into MarginFi. The whale is using it as collateral to borrow 197K $USDC.&nbsp;
With the borrowed funds, the Whale has acquired an additional 110K $WIF, increasing their holdings to 3.3M $WIF ($5.94M). This sudden comeback of this whale comes at a crucial time, as $WIF trades at $1.79 with a 1.46% intraday jump, following the 10% drop in the past two days. The re-entry of a whale signals a surge in confidence in $WIF as the market grows volatile.&nbsp;

Dormant Whale Awakens With $1.25M $WIF Deposit, Shakes Market!

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