$FLOKI Price Drops 17.7% As Dormant Whale Wallet Resurfaces With Massive Deposit

The price of $FLOKI has plunged 17.7% in the past 24 hours, sparking concerns within the memecoin community.

This sharp decline coincides with the reappearance of a previously dormant wallet linked to @RealFlokiInu, which had been inactive for 2.5 years.

Nine hours ago, this wallet made a significant move, depositing 15.22 billion $FLOKI tokens, valued at $2.27 million, into Binance just before the price took a nosedive.

The $FLOKI price is