An anonymous trader named Tree of Alpha made $1.1 million in half an hour during the boom when Twitter integrated the Dogecoin (DOGE) logo.
Tree of Alpha user told The Block how he made a significant profit from the DOGE rise on Monday, April 3rd. twitter‘s logo has been replaced by the Dogecoin logo for the first time. Discord Stating that he saw it on his server, the trader stated that he took action as soon as he saw it.
With 3 different processes in total $8 million spot DOGE area Tree of Alpha, Firstly 3 million dollarsnext 2 million dollars and finally again 3 million dollars made the transaction. The average price of the trader with these purchases $0.0815 it happened. Tree of Alpha, which holds these assets for about half an hour for $0.095 by selling all DOGE assets when it reaches $1.1 million profit he did.
Tree of Alpha, owner of Twitter Elon Musk‘s late April Fools’ Day from DOGE transactions because he suspects the possibility of out in 30 minutes stressed. Trader says Musk has similarly posts that ruin everything reminded me to share.
Expressing that this transaction is the biggest position he took in 2023, the trader explained the importance of waiting for the right time with the following statements:
This is actually by far my biggest transaction this year. Trading requires a lot of patience, but eventually you will need to make the right shot, as with this DOGE trade of mine. Everything else is preparation for these critical operations.