Yesterday, things got pretty wild in the crypto world, with some big players making some surprising moves. When the market took a nosedive, four major cryptocurrency whales seemed to have gotten a case of the jitters and sold off a whopping 5.68 million dogwifhat (WIF), raking in a total of $12.41 million.

One of these whales, using the nickname 9WHHoq, scored a cool $7.34 million by selling WIF at $2.35 a pop, while another one, with the handle BdvbXr, cashed in $1.93 million by unloading WIF at $1.9 each.

But it wasn't just those two – two other whales, DpJGh2 and 85Abtu, also jumped on the selling spree, offloading $1.26 million and $1.88 million worth of WIF respectively at different price points.

The reason for the panic? Well, some folks pointed to Iran's military activities, which shook up the market. But once Iran put a pause on its actions, things calmed down a bit, and the market bounced back, albeit not completely.

At the time of writing, WIF was trading at $2.71, showing that the market's rollercoaster ride might not be over just yet.