A trader bought 4.26 million GPU tokens with 0.7 ETH and sold 3.37 million tokens two months later, making a profit of approximately $1.39 million

Bitget App

Trade smarter

2024/03/06 05:11

Lookonchain monitoring data shows that within just 21 days, a certain trader earned approximately $1.39 million with only 0.7 ETH ($1,848), achieving a profit of 755 times. On February 14th, he spent 0.7 ETH ($1,848) to buy 4.26 million GPUs when the GPUs had been online for over two months. He then sold 3.37 million GPUs at a price of 102 ETH ($336,000), leaving him with 891,000 GPUs (worth $1.06 million).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $756.1 million on Friday.

Data: In the past 24 hours, total liquidations across the network reached $288 millions, with long positions liquidated for $163 millions and short positions for $125 millions.