blockchainreporter.net
Four crypto traders have reportedly netted millions through smart $SHRUB trading. Ethereum memecoin, $SHRUB has captured the attention of crypto traders and investors for significant ROIs. The coin is setting the stage on fire by soaring to $230 million market cap after a 50x surge in just two weeks.
‘Smart traders’ exit their $SHRUB positions…with huge profits.
— DexCheck AI (@DexCheck_io) November 21, 2024
Ethereum memecoin $SHRUB (@ShrubHedgehog) soared past $230 Million market after gaining 50X in two weeks. Beneficiaries of this move appear to be cashing in on their bets. According to our premium Smart Traders… pic.twitter.com/VgBDnJ1FQt
The savvy crypto traders are quick to cash in on their bets as the coin’s price soared. At least four major wallets, after picking a total of $1.2 million profit, have already exited their positions. DexCheck AI, a crypto wallet tracking platform, has witnessed the strategic moves of the crypto traders in its X account.
Smart Crypto Traders Score Huge Profits
The standout ‘Smart Traders’ have earned a remarkable profit of $740K from an initial investment of $920K. As they cashed out most of their positions, they are still holding 1.3 million $SHRUB tokens worth $200K at the time. This highlights the crypto traders’ strategic moves and skills of trading. This further shows how crypto traders take advantage of the remarkable rise of the $SHRUB token while keeping some profits in play.
Crypto Traders Cash Out $SHRUB with Significant Gains
Another crypto trader made a small initial investment of just $486 for 11 million $SHRUB tokens. This investment would have been worth over $2.5M which is at the coin’s all-time high. They sold 7.7 million tokens for $410K, securing a jaw-dropping 140K% ROI. They still hold 3 million $SHRUB tokens valued at approximately $500K even after the sale.
As the $SHRUB token continues to make waves in the crypto market, the strategic actions of crypto traders showcase the fact that smart selling and taking profits are crucial. It is the key to success especially in the fast-changing memecoin market.