On November 11th, COINOTAG reported that a savvy trader executed a strategic purchase of **17.16 million ACT** using **2,658 SOL**, valued at approximately **457,000 USD** between October 25th and November 3rd, according to data from **LookIntoChain**. Following the announcement by **Binance** regarding the listing of ACT, the trader capitalized on the opportunity by liquidating **9.33 million ACT**, which yielded **11,945 SOL** or **2.48 million USD**, solidifying a successful investment strategy. Currently, the trader holds **7.83 million ACT**, valued at around **2.74 million USD**, culminating in a total profit of **4.77 million USD**. This transaction showcases the volatility and potential profitability inherent in the **cryptocurrency market**, as well as the importance of timing and market awareness for successful trading.
Source: https://en.coinotag.com/breakingnews/trader-gains-4-77-million-by-investing-in-act-with-2658-sol-amid-binance-listing/