An unknown trader was able to earn more than $5.7 million within six days by investing only 30 SOL ($2,220). Lookonchain analysts drew attention to this.
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In just 6 days, this trader made more than $5.7M with only 30 $SOL($2,220)!😱
A gain of over 2570x!
He spotted $ANALOGS 1 minute after it opened trading and spent 30 $SOL($2,220) to buy 16B $ANALOGS.
Then he sold 14.5B $ANALOGS for 3.45M $USDC via multiple addresses over the past… pic.twitter.com/jD17YOD5hJ— Lookonchain (@lookonchain) December 26, 2023
On December 20, the user purchased with Solana tokens 16 billion ANALOS coins in the first minute of trading opening in the Raydium liquidity pool.
Subsequently, he sold 14.5 billion ANALOS to several addresses for $3.45 million. In addition, 1.56 billion ANALOS ($2.34 million) remained in the trader’s four wallets.
Thus, the total increase in funds amounted to x2570.
Let us remind you that over the past week, the indicators of monthly active and new addresses on Solana reached annual highs against the backdrop of an increase in the price of SOL.
On December 24, token quotes rose to $118 for the first time since April 2022.
At the time of writing, the asset is trading at just above $113, growth for the year has exceeded 890%, according to CoinGecko.
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2023-12-26 09:58:20
#Trader #earned #million #Solana #tokens #ForkLog
