Confused Whale Bought Heavily on the Wrong Altcoin: Loses Big

According to crypto onchain data, a crypto whale may have made a significant mistake with the altcoin he purchased.

The crypto whale, who had previously made a large profit on an altcoin called SWARMS, lost 298 SOL worth $63,400 after purchasing the wrong altcoin.

Minutes ago, this whale spent 325 SOL to buy an altcoin called AUTOSPORES, but then realized immediately that he bought the wrong altcoin. Panicked, the whale sold all of his AUTOSPORES tokens at a loss and immediately bought SPORES.

When the data is examined, it is seen that this crypto whale previously purchased SWARMS for $ 12.48 million on December 20 and made a profit of $ 10.25 million from it. In addition, he made a profit of $ 2.67 million from ZAILGO and $ 549 thousand from MCS.

However, the fact that the crypto whale invested such a large amount in these relatively unknown altcoins raises suspicions that the wallet belongs to someone inside, so it is useful to be extra careful.

*This is not investment advice.