Whale buys 20.31M MEME in 10 days to become largest holder
- —Whale 0x0c17 bought 20.31M MEME in 10 days
- —Average purchase price was $0.051, with $1.04M spent
- —The position is currently worth $930K
- —The address became the largest holder of MEME
Why it matters: Heavy concentration of the token in one address increases the risk of sharp price moves if it sells.
Source: PANews