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Meme coin sato ranking second address holdings halved, unrealized loss of $276k
BlockBeats News, May 7th, according to on-chain analyst Ai Aunt (@ai_9684xtpa), the second-largest Meme Coin sato address on Ethereum has “been at the peak.” In the past 11 hours, it bought $480k worth of sato at an average price of $1.4304, coinciding with a high market price, making it the address with the highest purchase amount in the past 24 hours, currently with an unrealized loss of $276k.
23 hours ago, it withdrew 1.23 million USDC from Hyperliquid, and the wallet still has 750k USDC unused. Sato is its only Meme holding and has not been reduced.
BlockBeats reminds users that Meme Coins generally lack practical use cases, have high price volatility, and investments should be cautious.