PANews reported on May 15 that according to Lookonchain monitoring, a trader earned more than 4 million US dollars in 22 days with only 8,191 US dollars, with a profit of up to 500 times.
After being silent for more than 4 months, the trader suddenly withdrew 68.8 SOL from Binance 22 days ago, and spent 54 SOL (about 8,191 US dollars) to buy 14.62 million LAUNCHCOIN-the market value of the token was less than 500,000 US dollars at the time. After he bought it, LAUNCHCOIN immediately started to soar, and eventually broke through the market value of 300 million US dollars. When the market value exceeded 200 million US dollars, he began to sell in batches. At present, he has sold 2.5 million LAUNCHCOIN and exchanged it for 3,465 SOL (about 617,000 US dollars).
It still holds 12.12 million LAUNCHCOIN (about 3.5 million US dollars), and its total profit has exceeded 4 million US dollars.