Whale buys $991K of Artificial Inu, sits on $600K unrealized loss
- —Whale bought 0.28% of Artificial Inu supply for $991,000 from Sept. 3 to 17
- —Token market cap peaked at $450 million on Sept. 17, then fell 70%
- —Unrealized loss is about $600,000; the wallet has not sold
Why it matters: The case highlights memecoin risk: even a large buyer can lose more than half of the investment when a token drops 70%.
Source: TokenPost