In the past 24 hours, the memecoin $MOG has experienced a 16% decline. However, data from iCrypto.ai has revealed an insider trader consistently capitalizing on $MOG’s price movements.
This trader has a history of purchasing $MOG before significant price surges.
On June 08, 2024, the trader acquired 280.18 billion $MOG at $0.00001241, spending approximately $350,000. Following a more than 30% drop in $MOG’s price, the trader bought an additional 120.26 billion $MOG at $0.000068793, investing another $106,170. In total, the trader accumulated 400.44 billion $MOG for around $456,000.
Remarkably, after the price of $MOG increased by over 140%, the insider continued buying without selling. On July 04, 2024, the trader purchased 89.06 billion $MOG at $0.00001413 (roughly $115,500) and received 49.55 billion $MOG worth $70,520 from wallet 0xbd5f, bringing the total acquisition to 138.61 billion $MOG (approximately $186,000).
When $MOG hit a new all-time high on July 21, 2024, the insider sold 42.35 billion $MOG, realizing a profit of $31,050, representing a 48.73% gain, but retained 496.25 billion $MOG.
Between July 22 and July 29, the trader invested over $800,000 to purchase an additional 544 billion $MOG at $0.000017. Subsequently, the trader transferred all $MOG holdings to another wallet for safekeeping.
As of now, the insider holds a total of 1.04 trillion $MOG, valued at approximately $2.3 million.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: thvideo/123RF // Image Effects by Colorcinch
Making a trading decision has become quite exhausting lately. The times are uncertain, and the…
Experts believe IntelMarkets (INTL) is better positioned for the next AI run than established AI…
The Fresh New Memecoin Leaving Rivals (PEPE) and (BONK) For Dead A new memecoin has…
The world of finance is going through a seismic shift, and at the heart of…
Discover How Qubetics Solves Blockchain Fragmentation with Interoperability and Provides Early Access Through Its Whitelist…
The much-awaited Ether ETF launch was expected to play a massive role in Ethereum’s (ETH)…