He bought 2.52T PEPE worth around $1,000,000 now, with 0.013 ETH around $25 at the time, which made him a 32,000X profit. He has traded 3,000+ shitcoins in the past 2+ years and probably realized around $2M in profit. Here are partially profitable tokens. This guy bought MXS with 0.5 ETH in June 2021 and sold for 142.5 ETH in less than 30 mins. Made a profit of 142 ETH ( 284x ). Guys from Lookonchain noticed that he transferred in a total of 49,922 USDC and 677 ETH for trading, and transferred out 754,841 USDC and 1,167 ETH. Currently holding 190 ETH. So his realized profit is probably ~$2M (705K USDC and 680 ETH). He basically throws shit at the wall and sees what will stick. He wasn't just 'lucky' like other people claimed over the last couple of days. He's just using a shotgun approach. But it's also worth noting that he started with a large sum of money. Not everyone can afford to just throw nearly 50,000 USDC and 677 ETH into a meat grinder for shits and giggles and see what will stick. Remember that next time you see another post about "this X guy turned X amount into X millions". His strategy paid off but it could also completely rekt his portfolio. Edit: There's also some speculation on Twitter that he is an actual dev of this project and that's why he was able to buy early. Nobody else will be able to be so early, so it could be a Honeypot trap for other investors, and he will use them as exit liquidity but apart from a Honeypot Scan screenshot, I couldn't find more proof of that. So be careful when it comes to trading PEPE. [link] [comments] |
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