The Solana meme token $FWOG recently experienced a dramatic 73% drop after its top three major investors liquidated their positions and took profits. This significant sell-off caused the token’s value to plummet in a short period, shaking the confidence of many holders. Among the notable traders, one address, known as Smart Money 5CQD2…psn2j, made headlines with a series of strategic moves. Shortly after $FWOG went online, this trader spent 52.6 SOL (approximately $9,510) to acquire 18.1 million $FWOG tokens at an average cost of just $0.0005251 per token. Top Whales Sell $FWOG 3 Million Tokens To Liquidate Their Entire Holdings
The post Solana Meme Token $FWOG Sees Massive Sell-Off, Plummeting 73% Amid Major Investor Liquidations appeared first on The Merkle News.
