According to Lookonchain, a trader paid 20 SOL (approx. $3,540) for 5.62 million michi on April 8. Just one day later, the price of the token increased by nearly 80 times.
For most people, the 80x profit was enough to get them out of the market profitably, but the trader didn't sell any michi. It wasn't until 7 days ago that he started selling michi, exchanging 1.75 million michi for 3,570 SOL (about $538,000), leaving 3.87 million michi ($1,350,000).
The trader made a total of $1.88 million on $michi, a gain of 533 times.
A trader bought about $3,540 in michi 1 month ago and currently earns a total of $1.88 million
2024-05-10 15:50:19
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