An anonymous cryptocurrency trader, DEGEN He managed to turn a $113,000 investment into a staggering $3.4 million by trading a memecoin called . The trader bridged 38 ETH ($113K) to Base on February 22nd and then purchased 85.36 million DEGEN with 31.6 ETH ($108K) on March 2nd.
His recent sale of 72.73 million DEGEN earned the trader $2.83 million USD, leaving the whale with 12.6 million (worth $600 thousand) DEGEN.
In another extraordinary case, an investor simply BOME Not only did he earn $1.35 million from the memecoin named MEW He earned over $90 million from a memecoin named. The investor spent SOL 5,490 ($1.07 million) to acquire 9.58 billion MEW, representing 10.8% of the total supply. Unrealized profits from this venture now exceed $90 million.
However, although some traders earn impressive amounts from memecoins, this is quite risky. in cryptocurrencies Most traders make losses.
In another development, the whale (yfimaxi.eth) with the short address 0x506 LDO to SHIB It was observed that the position changed. Whale recently sold 131.297 LDO ($369k) at $2.80 and bought 1.5 billion FLOKI at $0.0002465.
*This is not investment advice.
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