According to BlockBeats, on October 16, monitoring by @ai_9684xtpa revealed that an address known for previously trading MAGA with a 60-fold profit has recently made significant investments in FLOKI. Since yesterday, the address has spent 303.05 ETH (approximately $809,000) to purchase 5.2 billion FLOKI tokens at an average price of $0.0001547 per token. As of now, the address has accumulated FLOKI worth $1.9 million at a cost of $0.0001715 per token and has not engaged in any selling activities.