⭐⭐Invested Months Ago: Earned $790K After Listing on Binance ⭐⭐

A remarkable transaction took place after Binance listed DEGEN perpetual trading pairs. According to Lookonchain data, a whale sold 6.43 million DEGEN tokens for 70.78 ETH, worth approximately $219,000.

This whale had made a significant investment in DEGEN tokens between April and May. Between April 8 and May 10, he spent a total of 934 ETH, or approximately $3.42 million, to buy 140.71 million DEGEN. The average purchase price was recorded as $0.0243 per token.

The whale, who put the DEGEN tokens he had held for six months up for sale, made a total profit of $790,000 with this transaction. This was a striking example of the potential rewards of high-risk investments in the cryptocurrency market.

Recently, DEGEN has become one of the projects that have attracted speculative interest in the crypto world. The listing of DEGEN by a major exchange like Binance seems to have had a positive impact on the token's market value and trading volume. This development can be interpreted as an indicator that reinforces investors' confidence in new projects listed on major exchanges.

This whale movement has once again revealed how strategic buying and selling decisions by major investors can yield profitable results in the crypto market.

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