According to Odaily, a trader has made a substantial profit following a surge in the price of GME. The trader initially purchased 78.57 million GME at an average price of $0.0067, spending 3059 SOL (approximately $526,000). This purchase was made after GME experienced a decline.
The trader made two separate purchases on February 15 and February 16, buying 68 million GME at an average price of $0.0024, spending 1,409 SOL (approximately $165,000). After holding onto the GME for three months, the trader saw a significant increase in its value.
On May 13 and May 14, the trader sold 35 million GME at an average price of $0.0144, earning approximately $503,000 in SOL. The trader currently holds 111.57 million GME, worth an estimated $781,000. The total profit made from these transactions is approximately $593,000.