Crypto trader misses out on $9 million windfall from $300 investment
A cryptocurrency trader has missed on a windfall after exiting their position in the Goatseus Maximus (GOAT) meme coin early, failing to capitalize on the token’s recent gains. The trade details indicate that the investor purchased 21.26 million GOAT tokens for just 2.07 Solana (SOL), approximately $300, on October 10 through Raydium, an automated market maker (AMM) platform trading the GOAT/SOL pair, according to data shared by onchain Analysis platform Lookonchain on October 18. GOAT/SOL pair on Raydium. Source: Lookonchain However, the trader sold the tokens for only 2.8 SOL, making a modest profit of 0.7 SOL ($108). Since then, the price of $GOAT skyrocketed, with the 21.26 million tokens sold for $408 now valued at a staggering $8.9 million. Picks for you Bitcoin 'Angle Theory' unlocks BTC’s next cycle top ...