The post Whale Makes Bold ARC Move, Generates Huge Profits Amid Price Rise appeared on BitcoinEthereumNews.com.

A whale has grabbed market attention following his purchase of this under-recognized token, Arc (ARC). As reported by Onchain Lens, the whale has made significant thousands of dollars from the latest AI-focused token. Whale makes impressive earnings from Arc On January 7, Onchain Lens shared data showing that the whale spent $2 million USDC to buy 4.92 million Arc (ARC) tokens at an average price of $0.40. Since then, the coin has witnessed an incredible rise of 10.3%, currently trading at 0.0419, making the trader realize incredible gains from his initial and latest trades. Currently, the trade holds 10.19 million ARC tokens worth $3.99 million, with a floating profit of $740,000. In the past 13 hours, a whale spent $2M $USDC to buy 4.92M $ARC at an average price of $0.40. Currently, the whale holds 10.19M $ARC worth $3.99M, with a floating profit of $740K. Address: FBiJdTjiwb7AJY5bWm4sh6BnV63EtMfegftvYhUaJLqn pic.twitter.com/XOqjPc2sqF — Onchain Lens (@OnchainLens) January 7, 2025 The whale’s activity shows how savvy traders make thousands and millions investing in little-known cryptocurrencies with potential. By capitalizing on the price rise and holding assets for some time (for example two to three months or even more), these investors are exposed to secure amazing gains. The whale’s gain happened after another smart trader generated a massive profit of $4 million by accumulating ARC. The trader bought when the entire market cap of this AI token was below $15 million and spent a total of $212,000 to purchase the tokens. Due to the price increase, the trader holds the ARC tokens currently worth $4 million in his wallet.    The whale also bought other AI tokens and meme coins exploiting the same strategy (buying tokens when their market caps are low). He spent $62,000 to buy GOAT, $123,000 to purchase ai16z, and $121,000 to buy Fartcoin.…

---

Filed under: News - @ January 8, 2025 5:25 am