Crypto trader turns $800 into $657,000 in 5 hours
With the continuous growth and evolution of the cryptocurrency industry, it has proven to be a profitable environment to be a part of, as one crypto trader recently witnessed, turning a mere $800 investment into a mind-blowing $657,000 in just a few hours . Specifically, this particular investor sold 5.14 Solana (SOL) tokens worth $861, with which they purchased 86.55 million of Mother Iggy (MOTHER) or 8.66% of its total supply, then sold 80.41 million MOTHER for 3,035.5 SOL ($509,000), according to the observations by Lookonchain in an X post on May 29. MOTHER/SOL chart on Raydium. Source: Lookonchain Furthermore, the blockchain analyst pointed out that the said crypto trader now had 6.14 million MOTHER left, worth $148,000, and that they “had traded nearly 700 coins before buying MOTHER and was losing, with a win rate of less than 25%,” adding that they “should not be an insider.” Picks for you ...
