A certain Chinese Meme coin whale, who is heavily invested, has increased their position in the "Binance Life" [coin]. Their total position is currently at a realized loss of $2,364,000.

BlockBeats News, October 9th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), yesterday, the "Whale Holding a Large Amount of Chinese Meme Coins" has seen a unrealized loss of $2.364 million in the four token positions held, with an initial investment of $4.493 million, resulting in a "halving" of the position in a day.

This whale has added to its Meme token position in the past hour, increasing its investment in the "Binance Life" coin to $3.96 million per coin and a total investment of $5.143 million.

BlockBeats reminds users that Meme coins often lack practical use cases, experience significant price fluctuations, and investment should be cautious.