Markets

'Smart trader' doubles Memecoin Investment, plays another $ 536,000 trade in Fartcoin: Lokonchain

The Blockchain Intelligence Platform Loconchain highlights a trader who has benefited from Fartcoin (Fartcoin) trading, Solana (SOL) with Memecoin.

According to Look, an unknown trader with cryptocurrency cryptocurrency is long and has bought $ 488,000 at a total price of $ 563,000.

The trader had previously booked millions of dollars from a profit from Fartcoin, where he had previously invested when Memecoin was still micropital.

“This trader for the first time was Fartcoin when the ceiling of this market was $ 32 million, earning $ 4.9 million, buying low and selling high.”

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Source: Lookonchain/x
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Source: Lookonchain/x

Fartcoin trades at $ 1.15 at the time of writing, which is about 178% in the last month, but about 54% below the peak of all time reached in January. The ceiling of the Memecoin market in Solana is currently just over $ 1.15 billion.

Blockchain's intelligence platform also highlights another trader who has enjoyed an uninterrupted winning bar on Fartcoin transactionsTo.

“This trader made five swing transactions in Fartcoin, each of which was profitable, with a 100% win and a total profit of $ 669,000.”

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Source: Lookonchain/x

In the latest trade, the trader has replaced his Fartcoin Holdings worth about $ 1.22 million in Trump's official (Trump) Memecoin.

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Source: Lookonchain/x

In addition to Memecoin traders purchased Bitcoin (BTC) and Ethereum (ETH) worth millions of dollars on Trading Platform Wintermute.

“It seems that Vaal bought 30,000 ETH ($ 54 million) and 600 BTC ($ 56.7 million) today through over -the -counter.

This whale today transferred 54.9 million USDC and 56.94 million USDC to the Wintermute OTC wallet, then became 30,000 ETH ($ 54 million) and $ 600 ($ 56.7 million) from Wintermute. ”

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Source: Lookonchain/x
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Source: Lookonchain/x
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Source: Lookonchain/x

Bitcoin trades at a price of $ 94,704 at the time of writing, while Ethereum exchange owners for $ 1795.

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Opinion: Opinions published in the Daily Hodl are not investment advice. Investors should make their diligence before investing in Bitcoin, cryptocurrency or digital assets. Note that your transfers and transactions are your own responsibility and all the damage that may occur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets or Daily Hodl investment advisor. Note that the Daily Hodl is involved in the marketing company marketing.

Created image: Midjourney

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