Today, the hot topic on the cryptocurrency market is Donald Trump's inauguration. In addition, the memecoins that Trump and his wife have released and the rise they have experienced are also being talked about a lot.
At this point, while the launch of memecoins named TRUMP and $MELANIA attracts attention, an investor earned $47.5 million from his $MELANIA investment.
According to Lookonchain's post, an investor created 2 wallets to buy $MELANIA and earned $47.5 million!
7Aud…KnVR wallet spent 2,100 $SOL (worth $560k) to buy 1.52 million $MELANIA.
The investor who then sold all of his $MELANIA tokens for 46,453 $SOL ($11.5 million) and made a profit of 44,353 $SOL ($11 million).
The 4zo6…zHF2 wallet spent 800K $USDC to buy 3.84M $MELANIA. It then sold 1.92M $MELANIA for 16.45M $USDC. It left 1.92M $MELANIA (worth $20.85M) in its possession, making a total profit of $36.5M.
$MELANIA continues to trade at $10.7 at the time of writing.
Someone created 2 wallets to buy $MELANIA and made $47.5M!
7Aud…KnVR spent 2,100 $SOL($560K) to buy 1.52M $MELANIA and sold all for 46,453 $SOL($11.5M), with a profit of 44,353 $SOL($11M).
4zo6…zHF2 spent 800K $USDC to buy 3.84M $MELANIA and sold 1.92M $MELANIA for 16.45M… pic.twitter.com/IguZiLyOWg
— Lookonchain (@lookonchain) January 20, 2025
*This is not investment advice.