A major whale investor has incurred a floating loss of $3.167 million on a Chinese meme coin, with holdings shrinking by 56.5%.

According to ChainCatcher, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that a certain whale suffered significant losses after heavily investing in Chinese Meme coins at their peak. After holding these positions for eight days, the whale's total investment of $5.601 million has shrunk by 56.5%, resulting in an unrealized loss of $3.167 million. Among these, the trader's account "人生" has an unrealized loss of $2.32 million, while Hakimi is the only profitable asset. Except for GIGGEL, the whale has not reduced holdings in the other six Meme coins.