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Dormant Whale Releases 15.22 Billion Floki Tokens Hours Before Price Plunge!

CryptoExpert by CryptoExpert
August 30, 2024
in Finance
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Author: Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Aug 30, 2024 11:39

news-imagenews-image

Reportedly, a wallet linked to Floki has returned after over two and half years and deposited 15.22 Billion Floki tokens worth $2.27 Million. Notably, this transaction was processed just before the Floki price plunge of 17.83%. 

Phemex

The tokens were released from a Floki deployer to this wallet during the first half of 2022. During the time of transfer in 2022, the price of Floki memecoin was only $0.0000307. With the present trading value of $0.0001278, this whale has booked a profit of 316.28%.



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