A crypto whale invested millions of dollars in a meme coin before the Bitcoin (BTC) halving.
According to the data shared by the on-chain analytics platform Lookonchain, a whale that took action in the early hours of April 19 made an investment of millions of dollars in the meme coin PUPS (Ordinals).
The data revealed that the whale bought 63,024 PUPS at a cost of $68 for a value of $4.29 million, making it the largest PUPS whale on the Solana network.
PUPS is a Bitcoin-based meme coin that has attracted increasing investment interest, especially with the launch of Runes following the Bitcoin halving.
Just a short while ago, another crypto investor sold two meme coins to buy millions of dollars worth of PUPS.
