A whale address has accumulated a unrealized loss of $3.167 million from heavy accumulation of Chinese Meme.

BlockBeats News, October 16th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale address that heavily accumulated Chinese Meme tokens is now facing a total unrealized loss of $3.167 million. After holding the position for eight days, the address's total investment of $5.601 million has now shrunk by 56.5%. Out of this amount, the unrealized loss on "Binance Life" is $2.32 million, while Hakimi is the only asset with unrealized gains.