In an impressive trading feat today, a single wallet made $2.5 million in just three hours by trading $FATHA.
On-chain data indicates that the wallet may belong to @cooksassistant, a known figure in the crypto space.
Approximately six hours ago, this trader spent 13 $SOL (worth around $3,300) to acquire 57.89 million $FATHA tokens on Pump.fun. Within just 40 minutes, the market cap of $FATHA skyrocketed, surpassing $60 million. Seizing the opportunity, the trader sold all their $FATHA at the peak price, pocketing 9,718.5 $SOL (around $2.5 million), marking a stunning 750x return on their initial investment.
https://twitter.com/lookonchain/status/1860294361227071751?t=9vDboXkzH5zdRaHtt1S-vQ&s=19
Trader Swaps 9,500 $SOL For 2.45 Million $USDC
Afterward, the trader swapped 9,500 $SOL for 2.45 million $USDC, which was then transferred to the Ethereum network. The wallet that received the $USDC appears to be linked to BT (@cooksassistant), further linking the success of this trade to the trader’s activities.
Interestingly, this wallet was created just three days ago, specifically to engage in memecoin trading. Since its creation, BT has traded 60 different tokens and achieved a win rate of 42.37%, generating a total profit of $2.7 million in just a few days.
This trade highlights the potential of quick decision-making and market timing in the world of cryptocurrency, where massive returns can be realized in a very short period. With such impressive results, BT’s success in the memecoin market is turning heads.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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