Big Whale Who Became the Biggest Holder of Meme Coin Through Massive Purchase Transfers to Binance!

A crypto whale has become the biggest investor in the Solana-based meme coin thanks to a large investment.

According to data provided by the on-chain analysis platform Lookonchain, the transactions of a crypto investor regarding the popular meme coin SLERF have drawn attention.

During the period from January 30th to March 4th, the whale withdrew 80,285 Solana (SOL) from the crypto exchanges Binance and Kraken, and two days ago, purchased 8.2 million SLERF worth 7.26 million dollars, making them the largest individual whale of the project.

Following all of these transactions, the investor, on March 19th, withdrew all of their 8.1 million dollar worth SOL assets to Binance.

After this transaction, the investor’s wallet had no more SOL, but still had 6.6 million dollars worth of SLERF.

The SLERF team had caused a major controversy by “accidentally” burning 10 million dollars worth of SOL collected from investors in the presale. However, shortly after, Justin Sun and various major exchanges announced that they would do their best to assist the victims of the presale and quickly helped the price to recover from the dip.