Whale’s $GOAT Token Sell-Off Nets Over $9M In Profit, Impacting Market As Binance Expands Memecoin Futures

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The whale investor, who has gained significant traction with $GOAT, recently sold off a substantial portion of their holdings, leading to notable market fluctuations. After initially investing $7.5 million to acquire 22.48 million $GOAT at a purchase price of $0.334, the whale capitalized on market conditions yesterday, offloading 9.23 million $GOAT tokens—an equivalent of $7.13 million. This action included an on-chain sale of 6.7 million $GOAT for $5.18 million at a price of $0.773, along with depositing 2.53 million $GOAT (valued at $1.95 million) into Gate.io. The whale’s strategic moves have generated total profits exceeding $9 million and left them

The post Whale’s $GOAT Token Sell-Off Nets Over $9M In Profit, Impacting Market As Binance Expands Memecoin Futures appeared first on The Merkle News.

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