A meme coin trader has reportedly cashed out over $22 million in profits from multiple positions in meme-themed tokens on the Solana blockchain.
According to blockchain analysis firm Lookonchain, the actions of a trader identified as “paulo.sol” on the Solana Name Service account were flagged on April 26.
Meme Coin Trader Profits Over $22 Million
The meme coin trader achieved profitable outcomes from assets like Dogwifhat (WIF), Jeo Boden (BODEN), and Bonk (BONK).
They initiated their investment in BONK as early as November 11, 2023, after observing its upward trajectory. Employing a strategy of purchasing during downturns and selling during peaks, they executed swing trades, resulting in an accumulation of approximately $6.28 million in profits from trading BONK.
What a legend!
paulo.sol has realized profits of $9.51M on $WIF, $7.04M on $boden and $6.28M on $BONK.
1/ Let’s dig into his trades to see what he’s buying. pic.twitter.com/2axUwHb3el
— Lookonchain (@lookonchain) Ap
We współpracy z: https://cryptopotato.com/trader-made-23m-flipping-solana-meme-coins-details/
