CoinVoice recently learned that according to Lookonchain monitoring, a trader spent 20 SOL (about 3,540 US dollars) to buy 5.62 million $michi on April 8. Just one day later, the price of the token increased by nearly 80 times.
For most people, an 80x profit would be enough to exit the market with a profit, but the trader did not sell any $michi until 7 days ago, when he started selling $michi, exchanging a total of 1.75 million $michi for 3,570 SOL (about $538,000), leaving 3.87 million $michi (about $1,350,000).
The trader made a total of $1.88 million on $michi, a return of 533 times. [Original link]