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.
💵Is anyone currently profiting from $WOJAK?$WOJAK has increased nearly 200% since iCrypto's post.
Behavior of 2 Smart Dex traders:– Wallet 0x7c7e bought more 10.21M $WOJAK ($12.3K) at Price $0.0012 4D ago.– Wallet 0xd4e3 has not made any moves yet.
Currently, both traders… https://t.co/8sNHKnbaKd pic.twitter.com/VsNT3jOjS3
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) October 17, 2024
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.
This Trader Accumulates $PEPE Since Last Year, Now Holding Significant 318 Billion $PEPE
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.
What a smart money!
Made $2.19M on $PEPE, $1.7M on $SPX, $1.37M on $MOG, and $207K on $WOJAK!
1/ Let’s dig into his trades to see what he is buying! pic.twitter.com/s9YMC3ZbhM
— Lookonchain (@lookonchain) October 17, 2024
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.
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