The post Whale Turns $7.6K Into $1.4M On Moonpig In 21 Days After TRUMP Trade appeared on BitcoinEthereumNews.com.

Trader turned $7.6K into $1.4M by holding 16.4M Moonpig tokens without selling any. Wallet created in April spent $1M on TRUMP before converting $7.6K to Moonpig. No red flags on wallet though one linked address showed more sales than purchases. A crypto wallet labeled “4ZYMA…nSD” has recorded an unrealized gain of over $1.4 million from a single trade involving Moonpig (MOONPIG) tokens. The trade began with an investment of $7,619 on May 2 and was confirmed by on-chain tracking platforms Lookonchain and GMGN. The trading activity began on April 5 when the wallet was created. On the same day, the address was used to purchase $1 million worth of TRUMP tokens. Then, on May 2, the wallet exchanged 600 TRUMP tokens, worth approximately $7,619 at the time, for 16.44 million Moonpig tokens. This placed the entry price for Moonpig at an average of $0.00046339 per token. A $TRUMP whale made $1.4M on $moonpig with only $7,619, an 181x return! On Apr 5, a whale created a new wallet “4ZYMAa” and spent $1M to buy $TRUMP. Then on May 2, he spent 600 $TRUMP($7,619) to buy 16.44M $moonpig — now worth $1.4M. 2 hours ago, he sold all his $TRUMP for a… pic.twitter.com/fXK7vBc84Y — Lookonchain (@lookonchain) May 24, 2025 By May 23, the price of Moonpig had surged to around $0.08438. With no tokens sold from the initial position, the wallet’s holdings now reflect an unrealized gain of over $1.4 million. The return on investment stands at approximately 181 times the initial value, or an 18,100% increase. Trading Pattern and Portfolio Allocation GMGN’s wallet analysis shows that the entire $1.4 million position is still unsold, and Moonpig accounts for 100% of the user’s exposure in this trade. The trader’s performance log shows a seven-day realized profit of +4.22%, amounting to $41,400,…

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Filed under: News - @ May 25, 2025 4:23 am