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Crypto Trader Makes $7M Profit With GOAT, Smart Money or Insider Trading?

source-logo  coingape.com 02 November 2024 23:36, UTC

In a riveting turn of events, a crypto trader nabbed substantial investor attention across the broader market on Saturday, amassing a staggering $7 million profit trading Goatseus Maximus (GOAT), the Solana meme coin. On-chain data reveals that the trader turned a mere $58K into $7.5 million amid a roughly 400% pump recorded in the Solana meme token over the past month. In the wake of the trader’s remarkable profit, market watchers speculate if the address is a smart trader or an insider.

coingape.com