Ansem, a prominent crypto whale, has made a noteworthy move by restarting its $WIF acquisition. As per Lookonchain, the large crypto investor “Ansem” has resumed purchasing $WIF following a pause of 3 months. This has raised the eyebrows of the crypto community. Market onlookers consider this development to be an important event for the upcoming progress of Dogwifhat ($WIF). Nonetheless, the precise impact of this move remains to be seen.
Crypto Whale Buys 915,828 $WIF after 3-Month Pause
Lookonchain brought to the front the latest $WIF purchase by ‘Ansem’ as a move that has sparked speculation in the market. The crypto whale reportedly utilized 1.2M $USDC almost a couple of hours back for the $WIF acquisition. With this expenditure, the whale purchased 915,828 $WIF. This accounts for an average per-token price of nearly $1.31. The rapid and massive $WIF acquisition underscores the huge amount of confidence that the whale has in $WIF.
Additionally, the re-entry of Ansem after a 3-month hiatus with this notable purchase is important. Based on its volatile performance, $WIF has been getting significant attention in the crypto market. Additionally, Ansem has an impressive track record in the case of effective bets on assets based in the Solana ecosystem. With the former engagements thereof, Ansem has been influencing the market to a great extent. The latest development is also attracting crypto investors and enthusiasts alike.
Big $WIF Buyout Despite Recent Price Decline Shows Whale’s Resilient Belief
According to Lookonchain, the $WIF buyout by Ansem highlights the crypto whale’s increased faith in the crypto token. Moreover, irrespective of the recent dip in $WIF’s price, the crypto whale is raising its holdings for a potential bull market. Nevertheless, despite this bold move, it remains to be seen whether $WIF sees a price spike.
