News

Mystery Whale Scores Huge Gains As $Pnut, $FRED, And $OPK Skyrocket

The price of $Pnut has recently surged by an impressive 100%, fueling excitement in the market.

However, the real winner in this rally appears to be a mysterious whale investor, who initially poured 15,140.85 SOL into $Pnut, $FRED, and $OPK and now sits on an astounding floating profit close to $30 million.

Interestingly, this whale’s portfolio wasn’t always in the green. Just days ago, both $FRED and $OPK were trading at a loss, yet they’ve now made an incredible recovery, rising by 207% and 345% respectively within the past 24 hours.

This dramatic turnaround has transformed what looked like risky bets into major wins, capturing the attention of investors watching the memecoin space.

Whale Losses Massively On $PNUT Investment But There’s A Catch 

One notable twist in the whale’s trading story is their experience with $Pnut. The investor initially purchased 19.4 million $Pnut with 8 SOL, spending about $1,366. However, they sold off those tokens at a loss, receiving only 4.08 SOL (worth $697) back—a transaction that resulted in a loss of $669. Fast forward to today, and the same 19.4 million $Pnut is now valued at over $17.5 million.

Related Post

This huge leap in value might have left the whale with a bit of seller’s remorse, given that they cashed out on $Pnut far too early. While their overall gains remain massive, especially after the rally in $FRED and $OPK, it seems likely they’ll be reflecting on the timing of their $Pnut sale.

The whale’s success amid the explosive price increases in $Pnut, $FRED, and $OPK highlights the rapidly changing dynamics in the memecoin world, where fortunes can shift in just a matter of days.

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: kebox/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Ethereum News for Jan 30th: Navigating Market Sentiment, Technical Levels, and Recent Developments

The price of Ethereum now stands at $3,086.08 [Source: FXStreet], and it has changed by…

1 hour ago

Tokens Poised for 100x Growth in 2025

Experts Recommend These Tokens For 100x Gains   The advancement of the crypto market has…

8 hours ago

The Open Network (TON) Unveils 2025 Roadmap Amid Growing Ecosystem Momentum

The Open Network (TON) has an ambitious roadmap for 2025's first half, declaring a watershed…

15 hours ago

Litecoin Gains Momentum with ETF Filings, Growing Privacy Options, and Hashrate Surge

In the past year, a number of major developments have occurred with Litecoin (LTC) that…

15 hours ago

Movement Whale Makes Big Moves Ahead of Mainnet Launch: A Closer Look at the Network’s Potential

A newly emerged cryptocurrency whale, identified as wallet 0xdae, has made waves in the Movement…

15 hours ago

AAVE Whale Nets $23.3 Million Profit in Seven Months: A Masterclass in Strategic Trading

In a market timing and strategic execution tour de force, a well-known cryptocurrency whale has…

15 hours ago