The giant whale who previously spent $2.51 million to buy MUMU narrowed his float to $138,000
According to chain analyst @ai_9684xtpa's monitoring, Meme token MUMU rose 37.87% in 24 hours, breaking $0.00012 (current price $0.0001057) in a short period of time, and the floating loss of the megawhale, who spent $2.51 million on MUMU four days ago, narrowed to $138,000 as well. The giant whale spent 80,000 WIFs and 11 SOLs to buy a cumulative total of 4.85 billion tokens of MUMU on July 22, decided to switch his position from 1 million WIFs to MUMUs on July 25, and directly bought it on the high side in a single transaction, causing the coin's price to explode 95-fold for a short period of time, and after the unexpected pinch, his single buy was priced at $0.0001268, with an overall cost of 0.0001110353 dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japanese Yen: Broad range holds despite weak momentum against US Dollar – UOB
Hon Hai's revenue in September increased by 38.4% year-on-year, with cumulative growth of nearly 40% in the first three quarters.
On October 5, Foxconn released its financial data, showing sales of TWD 1.16 trillion in September, a year-on-year increase of 38.4%. Third-quarter revenue was approximately TWD 3.027 trillion, up 47% compared to the same period last year, and above analysts’ average expectations of TWD 2.83 trillion. Cumulatively, Foxconn’s revenue for the first nine months of this year reached TWD 7.67 trillion, representing a solid growth of 39.5% compared to the previous year.
BUZZ - Schneider Electric's shares plunge after announcing a $22.6 billion acquisition of PTC
October 5 - Schneider Electric (SCHN.PA) shares fell 8% after announcing a deal to acquire PTC (PTC.O) in an all-cash transaction, valuing the US software company at approximately 22.6 billions USD. Schneider will acquire PTC shares at $205 per share, with the funding raised through a combination of equity and debt issuance. Analysts unanimously agreed that the rationale for the deal is clear, but also pointed out concerns related to artificial intelligence. RBC stated that the deal valuation is reasonable, but it will increase Schneider's exposure to AI-related risks in the pressured industrial software assets sector. Jefferies concurred, noting that these concerns have led to the deal being struck at the lowest valuation in a decade, which may put pressure on the stock once the transaction is completed. “The integration process could be complex, and the market may reassess capital allocation as a result,” RBC added. Baird stated that, as Schneider makes a significant bet on providing infrastructure for data centers, the merger with PTC will create a "giant" in the field of industrial data management. As of the last trading day's close, Schneider Electric's stock price had risen 29% year-to-date. (USD 1 = EUR 0.8938)
BUZZ - Sale of Southeast Asia coatings business boosts AkzoNobel share price
On October 5th, AkzoNobel (AKZO.AS) shares rose 2.2% after the Dutch paint manufacturer agreed to sell its Southeast Asia decorative paints business to Nippon Paint (4612.T) for $1.35 billion. The deal covers markets including Vietnam, Indonesia, Malaysia, Thailand, Singapore, Papua New Guinea, and Australia. AkzoNobel expects to generate about $1 billion in net cash proceeds from the sale. The transaction is valued at 21 times the business's projected 2025 EBITDA, which KBC Securities called "undoubtedly a positive surprise." KBC further commented that selling its Southeast Asian decorative paints business to Nippon Paint marks AkzoNobel's exit from the Asian decorative paint market, except for China. The broker added that market attention will now turn to AkzoNobel's planned merger with U.S. paint manufacturer Axalta, expected to be completed by the end of 2026 or early 2027.
Crypto prices
More
