A mysterious cryptocurrency trader, known as “walletmobile,” is making headlines for his impressive profits. Recently, he made $5.94 million in just one day by betting on Donald Trump’s election chances, according to Lookonchain.
Walletmobile’s $AAVE Investment Continues to Grow with $6.3M in Gains
For the record, walletmobile also made $8.44 million from trading $LINK in 2023. He purchased the token in July of 2023 and this cost him approximately $6 million. Making this move, it contributed to the increase of the price of $LINK by 6%. In December, he sold the investment and in the process gained an increase of near about 89%.
At the moment, walletmobile has an unrealized profit of $6.3 million in $AAVE. This gain was made after investing in the decentralized finance token, AAVE, a token that is on the rise for him.
Whale Walletmobile’s Strategy on $LINK, $ETH, and Trump Bets Raises Eyebrows
Walletmobile used the Aave protocol to borrow 33 million USDC on 5th November 2024. He employed this loan to acquire 11,493 ETH at a price of $ 2,871 per coin. This is a step that shows that walletmobile has been doing well in trading in cryptocurrencies.
Overall, the trading strategy of walletmobile is gaining attention. His big calls on $LINK and $ETH, as well as his short-term profit on betting on Trump, prove that he has his finger on the pulse, as per Lookonchain data. This is why people have started refer him to the crypto legend due to his capability to make huge amount of wealth in short time.
Source: https://blockchainreporter.net/high-cap-altcoins-trader-makes-millions-in-a-day-during-election-rally/