Whale Address Withdraws Large Amounts of SLERF and SOL from Gate

According to Odaily, a whale address has made significant transactions involving SLERF and SOL cryptocurrencies. Seven hours ago, the address withdrew 2.91 million SLERF, equivalent to approximately $923,000, and 2,280 SOL, equivalent to around $378,000, from the Gate exchange. Following this, the address used 2,281 SOL to purchase 1.17 million SLERF. Since April 25th, the whale address has been buying SLERF at an average price of $0.3432, accumulating a total of 11.9 million SLERF, which is approximately $4.09 million. Currently, the address is at a floating loss of $266,000. These transactions highlight the significant activity of large-scale investors in the cryptocurrency market.