Over the past month, the price of $WOJAK has surged nearly 200%, drawing attention to two key smart money traders.
One wallet, 0x7c7e, recently acquired an additional 10.21 million $WOJAK (worth $12.3K) at a price of $0.0012 just four days ago. Meanwhile, another wallet, 0xd4e3, has yet to make any moves but continues to hold significant profits from $WOJAK.
Both traders have opted to sit tight, not selling their positions as of yet, even as they reap sizable profits from the $WOJAK rally.
One notable smart trader has made waves across multiple tokens, netting $2.19 million in $PEPE, $1.7 million in $SPX, $1.37 million in $MOG, and $207K in $WOJAK.
This savvy investor has been strategically shifting funds, selling $SPX as the price increased and using the profits to buy more $PEPE and $WOJAK.
Between December 2023 and May 2024, this smart money trader spent $57K to purchase 10.1 million $SPX. After the price surged, they sold 9.1 million $SPX for $1.12 million, leaving them with 1 million $SPX valued at $636K, resulting in a total profit of $1.7 million.
The same trader has been accumulating $PEPE since December 2023 and now holds a staggering 318 billion $PEPE across two wallets, with an unrealized gain of $2.19 million.
Additionally, this investor entered the $MOG market in January 2024, investing $194K to buy 802.4 billion $MOG. After selling 154 billion $MOG for $278K, they currently hold 648.4 billion $MOG worth $1.29 million, yielding a profit of roughly $1.37 million.
In $WOJAK, they’ve accumulated 352.69 million tokens since December, with an unrealized profit of $207K from an initial investment of $248K.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Image Source: sakchai/123RF // Image Effects by Colorcinch
Discover 2024’s Leading Crypto Wallets: Security, Versatility, & Rewards in One! Navigating the vast array…
It looks as though Ethereum's time has finally come, with the stage set for a…
The cryptocurrency market always has up and down trends. Tokens can see their values surge…
Bitcoin might have set multiple all-time highs (ATHs) over the last few years, but its…
Web3Bay (3BAY) Charts a New Course in E-commerce; Mask Network & Helium Amplify the Web3…
With dogwifhat (WIF) hitting $3.1668 on December 12th, market observers are speculating on whether WIF…