On-chain data reveals that a Chinese whale’s meme coin portfolio has experienced a 56.5% loss in just eight days, with 'Binance Life' contributing major losses, while 'Hakimi' remains profitable.
A whale heavily invested in Chinese meme tokens has faced a $3.17 million unrealized loss, with the total $5.6 million portfolio down by 56.5% after eight days. The bulk of the losses, $2.32 million, stem from 'Binance Life,' while 'Hakimi' is the only profitable asset. The whale has not sold off the majority of its positions, keeping stakes in six tokens and selling only 'GIGGEL.'