The price of $Pnut has recently surged by an impressive 100%, fueling excitement in the market.
However, the real winner in this rally appears to be a mysterious whale investor, who initially poured 15,140.85 SOL into $Pnut, $FRED, and $OPK and now sits on an astounding floating profit close to $30 million.
Interestingly, this whale’s portfolio wasn’t always in the green. Just days ago, both $FRED and $OPK were trading at a loss, yet they’ve now made an incredible recovery, rising by 207% and 345% respectively within the past 24 hours.
This dramatic turnaround has transformed what looked like risky bets into major wins, capturing the attention of investors watching the memecoin space.
真就是阳谋？——早期重仓 248 万美金且只买不卖，你敢不敢跟吧🤯
「花费 15,140.85 SOL 重仓 $Pnut / $FRED / $OPK 的神秘巨鲸」已实现建仓代币全盈利，浮盈接近 3000 万美金！连前几天飘红的 FRED 和 OPK 都已转亏为盈，过去 24 小时内暴涨 207% 和 345% ，离谱
钱包地址 https://t.co/cIJvUgJTOb https://t.co/Y4LrcIU2xu pic.twitter.com/Zr8f7tQv0E
— Ai 姨 (@ai_9684xtpa) November 13, 2024
Whale Losses Massively On $PNUT Investment But There’s A Catch
One notable twist in the whale’s trading story is their experience with $Pnut. The investor initially purchased 19.4 million $Pnut with 8 SOL, spending about $1,366. However, they sold off those tokens at a loss, receiving only 4.08 SOL (worth $697) back—a transaction that resulted in a loss of $669. Fast forward to today, and the same 19.4 million $Pnut is now valued at over $17.5 million.
The price of $Pnut surged by 100%!
The 19.4M $Pnut this guy sold at a loss of $669 is now worth over $17.5M!
He spent 8 $SOL($1,366) to buy 19.4M $Pnut and sold for 4.08 $SOL ($697).
He must be regretting selling too early, especially with a $669 loss on $Pnut.… pic.twitter.com/3NKC0TMBZL
— Lookonchain (@lookonchain) November 13, 2024
This huge leap in value might have left the whale with a bit of seller’s remorse, given that they cashed out on $Pnut far too early. While their overall gains remain massive, especially after the rally in $FRED and $OPK, it seems likely they’ll be reflecting on the timing of their $Pnut sale.
The whale’s success amid the explosive price increases in $Pnut, $FRED, and $OPK highlights the rapidly changing dynamics in the memecoin world, where fortunes can shift in just a matter of days.
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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Image Source: kebox/123RF // Image Effects by Colorcinch
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