Jeo Boden

Solana

Pepe

USDC

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 Whales on the Solana (SOL) blockchain are gobbling up memecoin discounts following a marketwide correction over the weekend, according to on-chain data.
 Blockchain tracking firm Lookonchain spotted two Solana whales that went in to accumulate sloth-themed Slerf (SLERF), Pepe the Frog-themed Book of Meme (BOME) and President Joe Biden-inspired Jeo Boden (BODEN) from crypto exchanges Kucoin and Binance.
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 “What did whales buy on Solana after the market dropped?
 We noticed whales bought SLERF, BOME and BODEN!
 4eocFb withdrew 31,916 SOL ($4.56 million) from Kucoin and spent 2,055 SOL ($294,000) to buy 500,979 BODEN at $0.59.
 9CjKf5 withdrew 15,751 SOL ($2.25 million) from Binance, then spent 7,812 SOL ($1.12 million) to buy 4.86 million SLERF at $0.23 and spent 4,623 SOL( $661,000) to buy 67.53 million BOME at $0.0098.”
 While the two whales aggressively accumulated during a correction, Lookonchain says some other whales weren’t as eager.
 According to the firm, four different whales panic-sold the bottom or close to the bottom of the correction, unloading a total of $12.41 million worth of dogwifhat (WIF), the biggest memecoin on Solana.
 “After the market dropped, four whales sold 5.68 million WIF ($12.41 million) in panic!
 9WHHoq sold 3.12 million WIF for 7.34 million USDC at $2.35. BdvbXr sold 1.016 million WIF for 1.93 million USDC at $1.9. 85Abtu sold 905,074 WIF for 1.88 million USDC at $2.08. DpJGh2 sold 641,598 WIF for 1.26 million USDC at $1.97.
 Address: 9WHHoqrLnhCNbXJewPkS7Wmh5cWEgDh4twSoKCwYHTuH DpJGh2QcKMXFo3PPFBykYYLdR6XRjh6PvxiwgLZXxtbR BdvbXrcitJaVL9XwBDezHVZCCsF56ysF8qBpfN54cB7f 85AbtuJxDmwgNxEB3baQ9Lf58nutZwfzNpXor76dDpT7″
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GLGozZCbMAAq7GZ?format=jpg&amp;name=4096x4096" alt="Image" width="2112" height="1016">
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 Source: Lookonchain/X
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/solana-whales-scoop-up-millions-of-dollars-worth-of-memecoins-as-crypto-markets-dip-lookonchain-tbt85434.html">https://thebittimes.com/solana-whales-scoop-up-millions-of-dollars-worth-of-memecoins-as-crypto-markets-dip-lookonchain-tbt85434.html</a>

Solana Whales Scoop Up Millions of Dollars Worth of Memecoins As Crypto Markets Dip: Lookonchain

TheBitTimes

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