9 Months to Double! A Smart Investor Makes $3.17 Million Arbitrage on DOGE, On-chain Funds Ignite Market Focus!
According to on-chain monitoring, 9 months ago, a "smart investor" 0xCcF withdrew 11.95 million DOGE from Binance (at that time worth about $1.67 million). One hour ago, these DOGE returned to Binance, with a current total value of about $4.85 million.
If sold at the current price, this investor would reap a staggering profit of $3.17 million, with an investment return rate of up to 190%!
Precise Timing: This person accumulated DOGE at a low point 9 months ago, boldly bottoming out; Patient Holding: As the market heat for DOGE rose, he steadily enjoyed the dividends of price doubling; Flexible Operations: Reinjecting assets into Binance, aiming to seize current liquidity opportunities or continue arbitrage.
Potential Market Insights:
On-chain dynamics ≠ market end, need to pay attention to the subsequent movements of whales; Investment wisdom ≠ momentary enthusiasm, being good at layout and patiently waiting is the cornerstone of profit; Mainstream coin recovery signal? The continued appeal of DOGE may hint that sentiment in the Meme sector is warming up.
The market is ever-changing, while whale arbitrage is certainly eye-catching, individual investors still need to act within their means. Paying attention to trends and maintaining reasonable positions is the way to survive in the long run!
For more tracking of on-chain whales and market strategies, follow Lao Lin for insights into the deep logic of the bull market!
