Trader who buys the token on the Solana network makes 1000x profit

This year, especially in Solana, where the meme coins in the network made very serious profits, some movements that smell of “insider trading” were seen again. A trader managed to turn his investment of only $205 into $225 thousand in 3 days.

Trader who buys the token on the Solana network makes 1000x profit

This year, a new one has been added to the hundreds of times profits mostly seen on the Solana network. A trader managed to convert his 1.5 SOL investment into 1694 Solana in just 3 days.

According to the information provided by on-chain data platform Lookonchain, a trader who caught the Boden token, which appeared on the Solana network, 5 hours after it was issued, made a huge profit as the price skyrocketed in 3 days.

As can be seen in the chart below, this person who collected the token from the bottom level spent 1.57 SOL (approximately $205). The trader, who made gradual sales as the price started to rise, sold most of his 13.8 million Boden and obtained 1694 SOL.

The person who made about 1080-fold profit earned a total of $225 thousand. The trader still has 1 million Boden worth $15 thousand.

WIF is also in the target of whales

On the other hand, WIF, another meme coin of the Solana ecosystem, is also on the radar of whales. Today, two big whales made a total of $5 million in purchases for WIF. WIF was listed on Binance yesterday. Token has risen more than 40% in the last 24 hours.

Leave a Comment