The cryptocurrency trader made a profit of 45.906x by taking advantage of a short-term trend related to Elon Musk's name change to X.

According to Lookonchain, the trader invested 0.017 Ether in the meme coins KEKIUS and sold part of it after 18 days for 60.3 Ether, keeping the remaining coins worth $2.85 million.

The rise of KEKIUS is attributed to the temporary change of Musk's name and avatar.