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Solanas Whale Just Dumped $84 Million, Still Can’t Afford Avocado Toast on Coinbase

AltcoinsBitcoinEthereum 1 Kevin Nelson August 16, 2024

An illustration of a whale with an empty wallet and avocado toast on its plate being taken away from under its nose while another whale in the background holds onto a large stack of money bags looking satisfied. The scene takes place underwater near some Solana coins floating around, one coin has been caught by a fish that is swimming away holding it tight. In the distance there are several whales selling tokens on Coinbase and Binance exchanges with big red "Sold" signs above them while another whale buys Ethereum at OKX exchange with a green "Bought" sign over its head.

Oh boy, another day and more whales are dumping their Solana on us! You know what they say: “When life gives you lemons, make lemonade”… but in this case, I think we can safely assume that the whale didn’t get a good deal with his $84 million of SOL. Who needs all those tokens anyway? Certainly not me, because at 144 bucks each, it’s just too rich for my blood (pun intended). But seriously though, what is up with these whales and their love affair with selling crypto on Coinbase? It’s like they’re trying to make the rest of us look bad or something. You know who I’d trust more than a Solana whale any day? Jemima Kelly from Bloomberg – she knows her stuff when it comes to this nonsense

Source: cointelegraph

Solana whale continues $84M dump with $2.8M sale
https://cointelegraph.com/news/solana-whale-continues-84-m-dump-with-2-8-m-sale
A Solana whale that had regularly sold tokens since January deposited almost $2.8 million into several exchanges, bringing the investor’s total tokens sold this year to $84 million. On Aug. 13, blockchain data analysis company Lookonchain spotted a Solana (SOL) wallet dumping tokens weekly since Jan. 15. According to the data firm, the whale has transferred at least 594,000 SOL tokens to Coinbase, Binance and OKX this year.  Whale sends […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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