According to @glassnode, memecoins PEPE, BONK, and WIF have experienced significant deleveraging with PEPE reducing by 71.93% from $1.25B to $351M, BONK by 75.10% from $715M to $178M, and WIF by 69.83% from $653M to $197M. The open interest (OI) in these assets has cooled off following previous speculative peaks, indicating a substantial reduction in leveraged positions.

According to Lookonchain, Ansem invested 867,132 USDC to purchase 1.97 million Fartcoin at $0.44 each, 13 hours ago. This follows a previous investment in WIF where he spent 1.2 million USDC but sold for only 1.07 million USDC, incurring a loss of $128,000. Traders should note the potential volatility and risk associated with Ansem's trading strategy, especially given the recent loss in WIF.

According to Lookonchain, a newly created wallet has withdrawn 9.48M $WIF, equivalent to $6.9M, from Binance 11 hours ago. This substantial withdrawal may impact the trading dynamics of $WIF, suggesting potential changes in market liquidity or investor strategy.

According to Lookonchain, a wallet inactive for two years has withdrawn 6.5 million WIF tokens, equivalent to $5.21 million, from Binance eight hours ago. This significant movement could indicate potential market activity or changes in liquidity dynamics, warranting close monitoring by traders.

According to Lookonchain, a whale deposited 11.98 million $WIF ($17.5 million) to Binance three hours ago, following a previous withdrawal at a higher value, indicating a $3.27 million loss.

According to Lookonchain, a cryptocurrency whale has made a significant trade by exchanging $WIF and $Bonk for $Fartcoin. Specifically, 500,000 $WIF valued at $1.03 million and 25 billion $Bonk worth $833,000 were traded for 1.72 million $Fartcoin. This strategic move increases the whale's holdings to 7.55 million $Fartcoin, currently valued at $9.36 million. The transaction was completed 8 hours ago, and the details can be verified through the provided blockchain address.

According to Lookonchain, a significant crypto whale has reallocated its holdings by exchanging $WIF and $Bonk for $Fartcoin. Eight hours ago, the whale traded 500K $WIF, valued at $1.03 million, and 25 billion $Bonk, worth $833,000, to acquire 1.72 million $Fartcoin. This strategic move has increased the whale's total $Fartcoin holdings to 7.55 million, valued at approximately $9.36 million. The transaction details can be found on the linked blockchain address.

According to OnchainDataNerd, a wallet identified as 234WJ, associated with Ceffu, has recently withdrawn a substantial amount of tokens valued at $34.2 million from Binance. The withdrawal includes various tokens: 100,000 BNSOL worth approximately $22.18 million, 20,916 SOL valued at about $4.55 million, 506,700 RENDER amounting to around $4.48 million, 5.265 million PYTH worth $2.46 million, 137,000 WIF totaling $383,000, and 39,700 IO valued at $150,000. This movement could indicate strategic asset reallocation or other financial maneuvers by Ceffu, potentially impacting the market sentiment around these tokens.

According to Lookonchain, a cryptocurrency whale recently withdrew 4.58 million ACT ($2.46 million) and 753,472 WIF ($2.17 million) from Binance. This whale has a history of profitable trades, including purchasing 3.22 million JTO for $12.3 million on November 23, which currently has an unrealized profit of $805,000. Additionally, the whale bought 543,098 HNT for $5 million on March 3, yielding an unrealized profit of $223,000, and acquired 18.83 million GIGA for $1.3 million.

According to Lookonchain, a cryptocurrency whale has deposited 1.2 million WIF tokens, valued at $3.47 million, into Coinbase three hours ago. This whale initially purchased the same amount of WIF tokens 11 months ago for $393,000, now realizing a profit exceeding $3 million. This significant deposit may indicate potential market movements for WIF on Coinbase.

According to @ai_9684xtpa, a trader has successfully executed six swing trades in $WIF since March 2024, accumulating profits of $930,000. This trader typically buys $WIF from Binance during price dips and sells after price rebounds. Recently, 45 minutes ago, they initiated a new swing trade by withdrawing $3.4 million worth of $WIF from Binance at a cost of approximately $3.63 per token.

According to Lookonchain, the top 10 MEMEcoins have experienced a significant average decline of 63.73% from their peak values over the past year. Specific declines include DOGE (-57.93%), SHIB (-70.86%), PEPE (-58.16%), WIF (-70.93%), BONK (-64.63%), FLOKI (-65.97%), BRETT (-62.59%), POPCAT (-43.77%), BOME (-79.48%), and MEW (-62.99%). This trend indicates a substantial bearish movement in the MEMEcoin market, which traders should consider when making investment decisions.

According to @lookonchain, a significant whale investor has accumulated 9.57 million WIF tokens, valued at $13.59 million, from Binance and Bybit over the past four days. This substantial accumulation could indicate a bullish sentiment towards WIF and potentially impact its market price.

According to Lookonchain, a prominent whale in the WIF market has resumed activity after a month of dormancy. The whale recently deposited 700,000 WIF tokens, equivalent to $1.25 million, into Marginfi. Subsequently, the whale borrowed 197,000 USDC and used it to purchase 110,000 WIF tokens. The whale's total holdings now amount to 3.3 million WIF, valued at $5.94 million.

According to @lookonchain, the largest holder of $WIF, who has already made over $68 million in profit, is doubling down on their investment. Over the past three days, this whale has deposited 21.9 million $WIF (worth $35.48 million) into Kamino and borrowed 3.24 million $USDC. They then used 2.7 million $USDC to purchase approximately 1.8 million $WIF. Additionally, the whale spent $226,000 to buy 19.86 million $WIF at a significantly low price.

According to @CCData_io, on August 5th, a 15.4% decline in Bitcoin's ($BTC) price caused Open Interest (OI) to fall by 18.4%, reaching $31.9 billion. Following this market movement, $SUI's OI surged by 505%, while $CRV's OI increased by 113%. Additionally, $WIF was the only memecoin to enter the top 10, with a 34% rise in OI.

According to @CCData_io, $DOGE, $PEPE, $WIF, and $BONK were among the top 10 derivative instruments by open interest on six major derivatives exchanges yesterday. This trend highlights the substantial growth in liquidity for memecoin pairs on centralized exchanges, driven by significant increases in trading volumes and open interest.

According to RootDataLabs, the top gainers on the Solana blockchain in the last 24 hours are $NOS, $CHAT, $WIF, $PONKE, $BONK, $TAP, and $MANEKI. These tokens have shown significant price increases, suggesting strong market interest and potential trading opportunities. For detailed insights, visit rootdata.com/ecosystem/solana.

According to Lookonchain, a whale investor who previously lost $4.63 million on WIF has spent 3.77 million USDT to buy back 2.06 million WIF after its price increased. The average buying price for this reinvestment was $1.83, indicating a strategy of selling at a lower price and buying back at a higher price.