TechFlow news, October 16: According to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale suffered significant losses after heavily investing in Chinese meme coins at peak prices.
After holding for eight days, the whale's total investment of $5.601 million has now shrunk by 56.5%, with an unrealized loss of $3.167 million. Binance Life accounts for $2.32 million of the loss, while Hakimi is the only profitable position. Except for GIGGEL, none of the other six meme coins have been reduced in position.




