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This Crypto Trader Generates $427K in a Month Without Buying MEME Coins

source-logo  coinedition.com  + 1 more 16 July 2023 11:33, UTC

In an unusual turn of events, a crypto enthusiast has raked in an impressive $427,000 within just one month. What was more intriguing is that the individual accomplished the feat without purchasing any MEME coins, leaving the crypto community in awe and curiosity.

Lookonchain, a reputable on-chain analytics resource, took to Twitter to share the extraordinary success story. The tweet included a link to the Zerion platform, which sheds light on the trader’s wallet balance and transaction history.

This guy made $427K in 1 month!

How did he do it without buying #MEME coins?👇https://t.co/gLFlj3TXvz pic.twitter.com/zQGye8xMYc

— Lookonchain (@lookonchain) July 16, 2023

According to the tweet, the trader invested $942,000 on Jun 16, 2023, strategically acquiring different cryptocurrencies. He purchased 71,891 units of UNI, valued at $312,000, with an average price of $4.34. Additionally, he obtained 6,371 AAVE tokens for $320,000 at $50. Lastly, he acquired 189,255 LDO tokens worth $310,000 at an average price of $1.64.

Fast forward to Jul 15, which marked a turning point in our trader’s journey. The revenue was a staggering $1.37 million after selling his crypto assets at strategic price points.

The trader sold 71,891 UNI tokens, amassing $420,000 at $5.84 per unit. Additionally, he parted ways with 6,371 AAVE tokens, selling them at an astounding $500,400, with each token priced at $79. Lastly, the trader sold 189,255 LDO tokens, securing an impressive $448,500 at $2.37 per token.

Such remarkable gains have captivated the attention of traders and enthusiasts alike. Previously, Coin Edition reported a similar individual who made over $4 million within the short time USDC stablecoin de-pegged in March.

coinedition.com

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