- Solana’s BONK memecoin gained traction, with whales accumulating.
- Solana network activity surged, reflecting in a massive growth in SOL’s price.
The OKX exchange recently witnessed the listing of Solana [SOL] tokens, including the memecoin BONK, which has been gaining significant traction within the crypto community.
Whales move in
The rising interest in BONK prompted accumulation by whales. This was exemplified by a trader’s $6.9 million profit on BONK after strategically buying and selling substantial amounts.
This smart trader who made ~$6.9M on $BONK spent 386 $SOL($40K) to buy 3.29B $BONK again today!
He accumulated 371.4B $BONK in 9 months at a cost of only 6,998 $SOL($276K) and sold half of the $BONK during the $BONK surge for 50,139
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