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Massive Profits for Memecoin Whales as $ARC Token Soars Amid Launch of Issuance Platform

A few Memecoin whales have recently benefited from the dramatic rise of the $ARC token, not only increasing their holdings but also reaping huge rewards as the coin surged 49.3% in value over a 24-hour period. The price explosion of $ARC followed the unveiling of plans by the project to roll out a new token issuance platform, something just about guaranteed to capture the interest of potential investors in the crypto space. For at least a couple of big players, the uptick in $ARC's price has worked out to floating profits on the order of a not-so-modest $4.45 million in a single coin. Memecoin Whales’ Strategic Positions on $ARC Token Notable among the investors in $ARC are three prominent whales who have been gradually building up their positions for several weeks. One of these whales didn't start investing in $ARC […]

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Whale ARC Keeps On Buying Even When Floating Losses Exceed $1 Million

A significant investor in the ARC token is showing no signs of slowing down despite facing substantial unrealized losses. Over the past nine hours, the second-largest holder of ARC has kept on accumulating, adding another $1.495 million worth of tokens to their position. This most recent purchase brings their total holdings to 17.2 million ARC, which means they are still confidently holding the asset even though its price is well below their average entry cost. Whale Accumulation Continues Despite Losses The first accumulation of ARC by the investor happened on December 26, 2024. Since then, they have strategically purchased the token in three separate batches. Their average acquisition price is $0.3153 per token. However, ARC is currently trading at $0.2417, which means that they have a sizable unrealized loss of 23.3% on their holdings. In total, though, their floating loss […]

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