The post Crypto Traders Bet on This New Altcoin: Make Nearly $2M Profits appeared first on Coinpedia Fintech News
A Solana trader hit the jackpot by turning a small amount of cryptocurrency into a massive profit. With just 1.6 ETH, they made a whopping 770 ETH, which is around $1.77 million, in just 12 minutes. This incredible success has amazed the crypto community and highlighted the trader’s skill in navigating the crypto market.
Insider Strategic Profit of 770 ETH
According to prominent on-chain tracking platform Lookonchain, 12 new wallets, believed to be “insiders,” made a big profit of 770 ETH, which is worth a lot – $1.77 million. They did this by putting in only 1.6 ETH, around $3,694, into a token named Dogwifhat.
In just 5 hours, this trader made 7,197 $SOL($703K) with only 18 $SOL($1,758), a gain of 400x!
The trader spent 18 $SOL to buy 55.1B #FartCaster(55.1% of the total supply) in the same block where the deployer opened trading for #FartCaster.
He then sold 5
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