A savvy investor who once made a staggering 60x profit from trading $MAGA has now turned their attention to $FLOKI, significantly increasing their holdings this week.

The wallet, associated with substantial crypto trades, recently spent 303.05 $ETH (roughly $809,000) to acquire 5.2 billion FLOKI tokens at an average price of $0.0001547.

To date, the investor has accumulated $1.9 million worth of FLOKI at an average cost of $0.0001715—and notably, they haven’t sold a single token. What’s driving this remarkable confidence?

Trader Buys More $FLOKI Token With $ETH 

In just the past 24 hours, the investor made another move, spending an additional 76.5 $ETH (approximately $201,000) to further increase their $FLOKI holdings, adding to the position just five hours ago.

Over the last six months, this whale has steadily built up a $2.11 million position in FLOKI, holding firm without any sales.

This marks the largest position this address has ever held, with an average cost of $0.00017 per token.

Even as the current price sits at $0.0001525, the investor remains unfazed, seemingly confident in the token’s long-term potential.

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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