After eight days of trading, the investor’s $5.6 million Chinese meme coin portfolio has declined by over 56%, with 'Binance Life' losing the most and 'Hakimi' remaining the sole profitable asset.
A cryptocurrency whale with significant exposure to Chinese meme coins has recorded an unrealized loss of approximately $3.17 million just eight days after investing. The trader’s $5.6 million portfolio has dropped by 56.5%, with 'Binance Life' alone showing an unrealized loss of $2.32 million. 'Hakimi' is the only asset still in profit, while the whale has yet to reduce holdings in six of the seven meme coins, excluding 'GIGGEL', which was sold earlier for a $200 gain.