An insider trader achieved massive profits by making strategic investments in two cryptos, HULK and GUNIT, using a minimal initial investment of SOL.
The insider’s actions highlight the potential for big returns in crypto trading. Let’s see how he did it.
What you'll learn 👉
Returns on HULK and GUNIT Investment
The insider initially invested 7.1 SOL, equivalent to $1,200, in HULK (HULKAMANIA) tokens. This investment was made through multiple addresses 15 days prior to the sale. Following this, the insider sold all the acquired HULK tokens for a total of 5,760.7 SOL, equivalent to $974,200.
Consequently, this resulted in a profit of 5,753.6 SOL, amounting to a gain of 810 times the initial investment. In addition to the HULK investment, the insider also made a strategic move by investing 16 SOL, or $2,100, in GUNIT (Real Nigga 50) tokens through multiple addresses.
This investment took place just 8 hours before the tokens were sold. The insider then sold all the GUNIT tokens for 5,491.5 SOL, equivalent to $721,900. This transaction resulted in a profit of 5,475.5 SOL, a gain of 343 times the initial investment.
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Transferring the Gains
After realizing these profits, the insider transferred the majority of the earnings to a specific wallet, “4uh969…5sBV9i.” Additionally, 3,070 SOL was transferred to the Kraken exchange, presumably for further trading or conversion into fiat currency.
These actions reflect the careful planning and execution of the insider’s trading strategy, maximizing returns while ensuring liquidity.
The crypto community, always alert to large and profitable transactions, took notice of these gains. Lookonchain, a prominent onchain analytics firm, highlighted the insider’s transactions and profits on their X account, bringing widespread attention to the success story.
Conclusion
This insider’s strategic investments in HULK and GUNIT underscore the lucrative opportunities present in the cryptocurrency market. By investing a modest amount of SOL and leveraging timely sales, the insider achieved extraordinary profits
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