Smart Money Trader Nets $2.45M Profit On GOAT Token After 3,375x Return
The post Smart Money Trader Nets $2.45M Profit On GOAT Token After 3,375x Return appeared on BitcoinEthereumNews.com.
In an extraordinary crypto trade, a smart money wallet, stupidmoney.sol, cleared an astonishing profit of $2.45 million after flipping 15.15 million GOAT tokens. The trader spent a mere $727 five days ago and saw a mind-boggling return rate of 3,375 times on the initial investment. 聪明钱 stupidmoney.sol 五小时前清仓 1515 万枚 GOAT，仅花费 727 美金获利 245 万美金，五天回报率高达 3375 倍！😵 他在 10.11 以均价 $0.00004797 买入代币，转移地址后从昨天起分批卖出，卖出均价 $0.162 哥，你这操作显得我们很 Stupid 啊…钱包地址 https://t.co/dtgvex1agl pic.twitter.com/vpZyhJ36NE — Ai 姨 (@ai_9684xtpa) October 16, 2024 On October 11, the trader purchased 15.15 million GOAT tokens at an average price of $0.00004797. After transferring the funds to another address, the tokens were sold in batches starting yesterday at an average price of $0.162, securing the massive profits. Trader Makes Grave Mistake Selling $GOAT Holding In Loss What’s even more remarkable is that just five days ago, the same trader had sold 19.72 million GOAT tokens for only $1.1K, a batch now worth over $5 million. He initially bought those 19.72 million tokens for 40 SOL, or $5.5K, only to sell them at a steep loss of 80%, getting back just 7.87 SOL ($1.1K). The decision to exit early, fearing the price might drop to zero, cost him a potential fortune. The 19.72M $GOAT this guy sold for $1.1K 5 days ago is worth over $5M today! He spent 40 $SOL($5.5K) to buy 19.72M $GOAT. After the price dropped, he was worried it would go to zero, so he sold all for only 7.87 $SOL($1.1K), losing $4.4K(-80%). Just 5 days later, the 19.72M… pic.twitter.com/T29fyWjvWN — Lookonchain (@lookonchain) October 16, 2024 In an ironic twist, just five days after this loss, the value of the same 19.72 million GOAT tokens skyrocketed to more than $5 million. This remarkable turnaround highlights the unpredictable nature of cryptocurrency markets. While the trader recovered with a staggering…
Filed under: News - @ October 17, 2024 11:28 am