Whales who heavily invested in the Chinese-language Meme token at the peak of their positions have cut their losses and liquidated their holdings of five tokens, including Binance Life, resulting in a total loss of $3.598 million.

According to on-chain analyst Ai Yi, a whale who heavily invested in the Chinese Meme token at its peak has cut his losses. In the past 50 minutes, he liquidated his holdings of five tokens: Binance Life, Customer Service Xiao He, Hakimi, Meme Rush, and PUP, resulting in a total loss of $3.598 million. Among them, Binance Life alone resulted in a loss of $2.49 million.