This Crypto Trader Generates $427K in a Month Without Buying MEME Coins

  • A crypto enthusiast generated an impressive $427K in one month.
  • The trader invested $942K in UNI, AAVE, and LDO, selling them to gain $1.37M.
  • Similarly, a trader earned over $4 million within the short time USDC de-pegged.

In an unusual turn of events, a crypto enthusiast has raked in an impressive $427,000 within just one month. What was more intriguing is that the individual accomplished the feat without purchasing any MEME coins, leaving the crypto community in awe and curiosity.

Lookonchain, a reputable on-chain analytics resource, took to Twitter to share the extraordinary success story. The tweet included a link to the Zerion platform, which sheds light on the trader’s wallet balance and transaction history.

According to the tweet, the trader invested $942,000 on Jun 16, 2023, strategically acquiring different cryptocurrencies. He purchased 71,891 units of UNI, valued at $312,000, with an average price of $4.34. Additionally, he obtained 6,371 AAVE tokens for $320,000 at $50. Lastly, he acquired 189,255 LDO tokens worth $310,000 at an average price of $1.64.

Fast forward to Jul 15, which marked a turning point in our trader’s journey. The revenue was a staggering $1.37 million after selling his crypto assets at strategic price points. 

The trader sold 71,891 UNI tokens, amassing $420,000 at $5.84 per unit. Additionally, he parted ways with 6,371 AAVE tokens, selling them at an astounding $500,400, with each token priced at $79. Lastly, the trader sold 189,255 LDO tokens, securing an impressive $448,500 at $2.37 per token.

Such remarkable gains have captivated the attention of traders and enthusiasts alike. Previously, Coin Edition reported a similar individual who made over $4 million within the short time USDC stablecoin de-pegged in March.

Source: https://coinedition.com/this-crypto-trader-generates-427k-in-a-month-without-buying-meme-coins/