{"id":283763,"date":"2024-04-16T02:04:34","date_gmt":"2024-04-15T20:34:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=283763"},"modified":"2024-04-16T02:04:34","modified_gmt":"2024-04-15T20:34:34","slug":"solana-whales-scoop-up-millions-of-dollars-worth-of-memecoins-as-crypto-markets-dip-lookonchain-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/solana-whales-scoop-up-millions-of-dollars-worth-of-memecoins-as-crypto-markets-dip-lookonchain-crypto-news\/","title":{"rendered":"Solana Whales Scoop Up Millions of Dollars Worth of Memecoins As Crypto Markets Dip: Lookonchain &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Whales on the Solana (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\">SOL<\/a>) blockchain are gobbling up memecoin discounts following a marketwide correction over the weekend, according to on-chain data.<\/p>\n<p>Blockchain tracking firm Lookonchain <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1779401901735575826\">spotted<\/a> two Solana whales that went in to accumulate sloth-themed Slerf (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/slerf\/\">SLERF<\/a>), Pepe the Frog-themed Book of Meme (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/book-of-meme\/\">BOME<\/a>) and President Joe Biden-inspired Jeo Boden (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/jeo-boden\/\">BODEN<\/a>) from crypto exchanges Kucoin and Binance.<\/p>\n<p><em>\u201cWhat did whales buy on Solana after the market dropped?<\/em><\/p>\n<p><em>We noticed whales bought SLERF, BOME and BODEN!<\/em><\/p>\n<p><em>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.<\/em><\/p>\n<p><em>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.\u201d<\/em><\/p>\n<p>While the two whales aggressively accumulated during a correction, Lookonchain says some other whales weren\u2019t as eager.<\/p>\n<p>According to the firm, four different whales <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1779389277039988798\">panic-sold<\/a> the bottom or close to the bottom of the correction, unloading a total of $12.41 million worth of dogwifhat (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/dogwifcoin\/\">WIF<\/a>), the biggest memecoin on Solana.<\/p>\n<p><em>\u201cAfter the market dropped, four whales sold 5.68 million WIF ($12.41 million) in panic!<\/em><\/p>\n<p><em>9WHHoq sold 3.12 million WIF for 7.34 million USDC at $2.35.<\/em><br \/><em>BdvbXr sold 1.016 million WIF for 1.93 million USDC at $1.9.<\/em><br \/><em>85Abtu sold 905,074 WIF for 1.88 million USDC at $2.08.<\/em><br \/><em>DpJGh2 sold 641,598 WIF for 1.26 million USDC at $1.97.<\/em><\/p>\n<p><em>Address:<\/em><br \/><em>9WHHoqrLnhCNbXJewPkS7Wmh5cWEgDh4twSoKCwYHTuH<\/em><br \/><em>DpJGh2QcKMXFo3PPFBykYYLdR6XRjh6PvxiwgLZXxtbR<\/em><br \/><em>BdvbXrcitJaVL9XwBDezHVZCCsF56ysF8qBpfN54cB7f<\/em><br \/><em>85AbtuJxDmwgNxEB3baQ9Lf58nutZwfzNpXor76dDpT7\u2033<\/em><\/p>\n<figure style=\"width: 2112px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Source: Lookonchain\/X<\/figcaption><\/figure>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":283764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-283763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/283763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=283763"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/283763\/revisions"}],"predecessor-version":[{"id":283770,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/283763\/revisions\/283770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/283764"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=283763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=283763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=283763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}