A whale conducted a stop-loss sell-off on the Base chain for a portfolio of meme coins, resulting in a $5 million loss.

BlockBeats News, July 24th, according to Onchain Lens monitoring, in the past 48 hours, a whale suffered a $5 million loss while selling various Base ecosystem tokens, with the specific transactions as follows:

Sold 1.87 million USDC for 1.08 million VIRTUAL, resulting in a $1.73 million loss.

Sold 951,000 USDC for 5.75 million AIXBT, resulting in a $1.7 million loss.

Sold 188,000 USDC for 4.47 million GAME, resulting in a $1.19 million loss.

Sold 123,000 USDC for 38,443.75 VVV, resulting in a $379,000 loss.