Solana Trader Turns $321 Into $2.18 Million as 114514 Token Skyrocketed
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The post Solana Trader Turns $321 Into $2.18 Million as 114514 Token Skyrocketed appeared first on Coinpedia Fintech News A savvy Solana-based trader has stunned the crypto market after turning just $321 into $2.18 million within 11 days, following a massive rally in the meme token 114514. On-chain data shows the gains came from early positioning, rising trading volume, and a sharp breakout on Solana’s meme coin market. Trader Smart Trading Trick Played Out Well According to on-chain data shared by Lookonchain, a wallet labeled 8BGiMZ, linked to a Solana trader, spent only $321 to buy 45.58 million 114514 tokens through multiple swaps on Solana-based DEXs. These purchases happened when the token was trading near $0.000007, and activity was very low. Instead of buying all at once, the trader slowly accumulated tokens over several days. This approach helped reduce slippage and allowed the trader to enter early, before strong demand arrived. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Morgan Stanley Files Bitcoin and Solana ETF Applications With SEC , Trader Made a Staggering 6,800× ROI In early January 2026, market interest suddenly picked up. Buying pressure increased fast, pushing the token into a sharp rally. The price surged to around $0.048, while 24-hour trading volume crossed $21 million. At that point, the trader’s 45.58 million tokens were worth about $2.18 million, turning a small $321 investment into a 6,800× return in just 11 days. Despite the massive gains, on-chain data does not clearly show the wallet fully selling its position. This suggests the trader may still be holding part…
Filed under: News - @ January 6, 2026 12:26 pm