Wealthy Whale That Holds Mux Protocol Token: Investment History, Trades, Transactions

Are you curious about the investment strategies of the wealthy whales in the cryptocurrency world? One investor, known as 0xFB7, has gained attention for their high-risk, high-reward approach and impressive strike rate.

You may be interested to know that among the assets that have caught 0xFB7’s attention is the MUX protocol, a decentralized leveraged trading platform that has shown success even during the current bear market.

In this article, we’ll take a closer look at 0xFB7’s investment history, previous trades, and current holdings, with a particular focus on their involvement with MUX protocol tokens. By examining this wealthy whale’s investment choices, we can gain insights into the potential of the MUX protocol and other decentralized finance (DeFi) plays.

Whether you’re a seasoned crypto investor or just starting out, this article will provide you with valuable information about the strategies and holdings of one of the most successful investors in the cryptocurrency world.

Quick summary
TopicSummary
🐋 Investment History AnalysisThe investor, known as 0xFB7, has a high-risk, high-reward approach. Notable assets in their trading history include GMX, MCB, and DYDX. Their strategy focuses on protocols that show growth in user adoption and utility, even during bear markets.
💼 Wallets and TransactionsBy analyzing the on-chain activity and holdings of 0xFB7’s wallets, we can gain a better understanding of their investment choices. They use platforms like DeBank and Arkham to manage their portfolio.
📈 Previous Trades0xFB7 made significant purchases of GMX on several occasions, indicating a willingness to take high risks for potentially high rewards. Their investment strategy and areas of focus are clear from their previous trades.
📊 Current HoldingsAccording to DeBank and Arkham, 0x77D, the newest wallet of 0xFB7, holds a substantial amount of GMX, which is staked and earns a minimum of 3.4% APR. They also have invested in MCB and DYDX protocols.
🌐 Insights into DeFi Plays0x77D holds 6,480 GMX tokens staked, worth around $417k. This investment earns a minimum of 3.4% APR. They also hold 266 esGMX, worth around $17k. Their strategy centers around promising DeFi protocols.
🎯 Conclusion0xFB7’s investment strategy is high-risk, high-reward, and their strike rate is profitable. Their involvement with MUX protocol tokens is just one example of their keen eye for potential success.

Investment History Analysis


Now let’s take a closer look at what you’ve been up to in terms of your investment history. By exploring some of your previous trades and current holdings, we can gain valuable insights into your investment strategy and areas of focus.

Your investment choices have caught the attention of the crypto community, with your high-risk, high-reward approach and profitable strike rate. One notable asset in your trading history is GMX. You’ve made several purchases ranging from $100k to $450k, with an average price of $44. You’ve also sold 6,000 GMX for $265k, averaging the same price.

Additionally, we can see that you hold MCB and DYDX in your newest wallet, 0x77D. You’ve purchased MCB at an average price of $4.60, with a current price of $12.50. You’ve also invested in DYDX at an average price of $2.50, with a current price of $2.20.

Your investment strategy seems to focus on protocols that show growth in user adoption and utility, even during bear markets.

Wallets and Transactions


Get ready to uncover valuable insights into the investment choices of this savvy investor as we dive into their wallets and transaction history, revealing a clearer picture of their high-risk, high-reward strategy.

By analyzing the on-chain activity and holdings of 0xFB7’s wallets, we can gain a better understanding of their investment choices. Using platforms like DeBank and Arkham, we can pull up the portfolio associated with their wallets and observe their activities directly on the blockchain.

Furthermore, examining specific tokens and their associated trades can provide us with valuable insights. By navigating to the transaction history section on Arkham or using DeBank’s interface to search for a particular blockchain, we can gain a deeper understanding of 0xFB7’s investment strategy.

With this information, we can better comprehend their previous trades and current holdings, giving us a glimpse into their conviction and areas of focus.

Previous Trades


You’re probably curious about 0xFB7’s past investment decisions, so let’s take a closer look at some of their previous trades and the insights they provide into their investment strategy.

One notable asset in 0xFB7’s trading history is GMX. They made significant purchases of the token on several occasions:

  • buying 16,000 GMX for $450k at an average price of $28 on 20/07/22,
  • buying 5,000 GMX for $200k at an average price of $40 on 03/08/22,
  • buying 2,200 GMX for $100k at an average price of $44 on 11/08/22, and
  • buying 6,200 GMX for $275k at an average price of $44 on 12/08/22.

They also sold 6,000 GMX for $265k at an average price of $44. These trades indicate that 0xFB7 is willing to take high risks for potentially high rewards.

By examining their previous trades, we can gain valuable insights into 0xFB7’s investment strategy and areas of focus. It is clear that they invest in protocols that show growth in user adoption and utility, as evidenced by their purchases of GMX.

While their investment decisions come with high risk, 0xFB7 has demonstrated a strategic approach to investing in the crypto market, even during bear markets.

Current Holdings


Let’s see what 0xFB7’s current portfolio looks like and gain insights into their investment positions and strategies.

According to DeBank and Arkham, 0x77D, the newest wallet of 0xFB7, holds a substantial amount of GMX, which is staked and earns a minimum of 3.4% APR.

Additionally, 0x77D has invested in MCB and DYDX protocols. MCB has been purchased at an average price of $4.60, indicating a strong conviction in the protocol’s potential for growth.

DYDX has also been invested in at an average price of $2.50, and 0x77D eagerly anticipates the upcoming catalyst in V4.

Moreover, 0x77D continues to hold a substantial amount of GMX, with 6,480 staked and 266 esGMX owned. This indicates a long-term investment strategy in the protocol.

Overall, 0x77D’s current holdings suggest a strategic approach to investing in protocols that show growth in user adoption and utility. There is a focus on high-risk, high-reward opportunities.

Insights into DeFi Plays


As you explore 0x77D’s DeFi plays, the picture becomes clearer of their strategic approach to investing in protocols that show potential for growth and success.

One notable holding is the 6,480 GMX tokens staked, worth around $417k. This investment earns a minimum of 3.4% APR, which amounts to approximately $15k annually.

It’s evident that 0x77D still holds a substantial amount of GMX, a decentralized leveraged trading platform that has shown success even during the current bear market. This reinforces the idea that 0x77D invests in protocols with a strong user adoption rate and utility.

In addition to GMX, 0x77D also holds 266 esGMX, worth around $17k. While limited in information, these holdings provide some insights into 0x77D’s investment positions and their average buy-in prices.

Overall, it’s clear that 0x77D employs a high-risk, high-reward investment strategy, but with a strategic approach that centers around promising DeFi protocols.

Conclusion


As you delve deeper into the investment world of 0xFB7, the mystery surrounding this wealthy whale only intensifies. However, one thing is clear – their investment strategy is high-risk, high-reward, and their strike rate is profitable.

Their involvement with MUX protocol tokens is just one example of their keen eye for potential success. With the MUX protocol’s decentralized leveraged trading platform showing success even during the current bear market, it’s no surprise that 0xFB7 has taken notice.

But what can we learn from 0xFB7’s investment choices? Perhaps it’s a lesson in taking calculated risks and investing in promising assets, even in uncertain times. Or maybe it’s a reminder that in the world of cryptocurrency, there are still opportunities for significant profits – if you know where to look.

Whatever the case may be, the story of 0xFB7 serves as a symbol of the intrigue and potential that exists within the world of cryptocurrency investments.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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