Crypto Whale Buys $895K WIF with $2M Loan, Making a Total $86M In Profit!

The post Crypto Whale Buys $895K WIF with $2M Loan, Making a Total $86M In Profit! appeared first on Coinpedia Fintech News

Lookonchain, a prominent blockchain analytical platform, the largest holder of WIF has borrowed $2 million in USDC from Kamino to purchase nearly 895,000 $WIF tokens for $2.24 each. This transaction took place just an hour ago and showcases the confidence this whale has in the asset. With this latest buy, the whale now holds 32.1 million $WIF, worth approximately $71 million. Making, their total profit from these investments has exceeded $86 million!