This trader turned $17,387 into $205,594 – Which coins were involved?

June 29, 2023

Today, we’ll delve into the trading activities of a particular trader who has demonstrated a staggering 1082% growth from trades in the last few months. This analysis is based on data from various online platforms such as Dexscreener, Etherscan, and Zerion.

While monitoring trending coins on Dexscreener, a trader with an intriguing purchase history over the past month was identified. The wallet address of this trader will be disclosed at the end of this article. For now, let’s dissect his most recent purchases and profit and loss (PNL) statements.

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The trader’s second largest holding, after Ethereum ($ETH), is token $L. He holds an impressive 951,103,178.491 L tokens. His 24-hour PNL stands at $26,697, with a total purchase price of approximately $14,044. Remarkably, he bought this token on its first day of listing and made several trades by selling part of his holdings after a few hours.

One of his successful flips was with $UNLEASH. He bought 77,553,720 “UNLEASH” tokens for a total purchase price of approximately $17,290.03. He then sold part of it on the same day for a total of $41,667, resulting in a 10-hour PNL of approximately $24,377. He still holds 17,916,347.564 tokens.

One of the fastest trades he made was with VITA-FAST on June 23 at 06:21 PM. He bought 2.3 million tokens for a total purchase price of approximately $5,327. Within minutes, he sold it for a 61.40% profit of approximately $3,271.

While he is not a long-term investor in meme coins, his biggest purchases that he still holds are:

Approximately 1.7 billion $SHEESH tokens bought for $1,952 on June 25
Approximately 488 billion $PEPE 2.0 tokens bought for $1,886 on June 28

His total PNL for these investments is approximately $3,840 (+$1,888) and $4,282 (+$2,396) respectively.

In general, this trader has dozens of tokens in his wallet that he trades every day. However, it’s important to note that he also experiences numerous unsuccessful trades. Therefore, caution is advised for anyone considering replicating his actions.

For those interested in further research, here is his wallet address: 0x7f4cad601a37ee3a5ca306def9767cf9285069da. As always, do your own research (DYOR) before making any investment decisions.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com