In one of the most remarkable trades of the year, an anonymous trader has turned a modest $8,191 investment into over $4 million in just 22 days—a staggering 500x return.
After more than four months of wallet inactivity, the trader made a sudden move by withdrawing 68.8 SOL from Binance. Just 22 days ago, they spent 54 SOL (~$8,191) to acquire 14.62 million LAUNCHCOIN when the token’s market cap was still under $500,000.
Shortly after the purchase, LAUNCHCOIN began to skyrocket, eventually peaking at a market cap of over $300 million.
The trader started realizing profits once the token hit a $200 million valuation. So far, they’ve sold 2.5 million LAUNCHCOIN for 3,465 SOL (~$617,000).
Despite the sales, they still hold 12.12 million tokens, currently valued at around $3.5 million.
Key Stats:
- Initial investment: $8,191
- Total sold so far: $617,000
- Remaining holdings: $3.5 million
- Total profit (realized + unrealized): $4.1 million
This trade highlights the explosive potential of micro-cap tokens in early stages—but also the razor-thin window and high risk involved in capturing such gains.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/trader-turns-8k-into-4m-in-22-days-with-one-bold-bet/