Cryptocurrency tracking service Lookonchain reported the return of the holder of 112.5k WIF, who suffered a $4.44 million loss. The new investment move has caught the attention of experts.

New Move in the Crypto Market

Last week, the Lookonchain platform reported that a whale transferred 12,716 SOL, equivalent to $1.94 million, from Binance to purchase 1.38 million POPCAT tokens at $1.41 each. This move has caused concern due to the whale's previous trading results with WIF tokens.

Developments with WIF

Earlier this year, the whale's activity with WIF tokens was noted. Between April 8 and June 24, the investor conducted two trades, resulting in a loss of $4.44 million. However, changes occurred on June 24 and 25, with the whale acquiring 2.06 million WIF. Since then, the investor has held the asset, reducing losses to $2.5 million.

Loss Recovery Through POPCAT

Recent actions suggest recovery: the whale now owns 2.05 million POPCAT tokens worth $2.82 million. This investment has generated an unrealized profit of $518,000, with an average purchase price of $1.13. The entry into POPCAT is seen as an attempt to counter previous losses.

This whale's story on the crypto market illustrates how one can shift financial strategies to attempt to recover significant losses. Experts will be watching closely for future moves.