Trader Earns 4,721 SOL with 94x Returns in Just 1 Hour via CTO
Publication Time:2024-08-01 15:07:09
According to Lookonchain monitoring, a trader achieved significant gains in a short period through CTO (a certain cryptocurrency project). This trader made a profit of 4,721 SOL, equivalent to approximately $802,500, within one hour by operating with CTO. His returns reached an astonishing 94 times, demonstrating efficient trading skills and keen market insight. Earlier, Raydium had launched the MEME coin CTO on @makenowmeme an hour ago, providing an opportunity for this trade. In this operation, the trader purchased 256.8 million CTO at a price of 50 SOL (approximately $8,500) and became the third address to purchase CTO. Subsequently, he sold 227.67 million CTO at a price of 4,771 SOL (approximately $811,000), realizing a profit of 4,721 SOL (approximately $802,500). Earlier, the same trader had made a profit of 612 SOL (approximately $104,000) from just 20 SOL (approximately $3,400) on PFI, achieving a return of 30 times. These operations not only reflect the trader's exceptional skills but also reveal potential opportunities and risks in the cryptocurrency market.
Cryptocurrency
high returns
trading strategy