Doubled in 9 months! Smart investor DOGE arbitrages 3.17 million US dollars, and on-chain funds have become the focus of the market!
According to on-chain monitoring, 9 months ago, a "smart investor" 0xCcF withdrew 11.95 million DOGE from Binance (worth about 1.67 million US dollars at the time). 1 hour ago today, these DOGE returned to Binance again, and the current total value is about 4.85 million US dollars.
If all are sold at the current price, this investor will make a profit of 3.17 million US dollars, with a return on investment of up to 190%!
Accurate timing: 9 months ago, DOGE was in a low accumulation stage, and this person boldly bought the bottom; patient holding: As the DOGE market heats up, he has steadily enjoyed the dividends of doubling the price; flexible operation: Re-injecting assets into Binance is intended to seize the current liquidity opportunities or continue arbitrage.
Potential revelation to the market:
On-chain dynamics ≠ the end of the market, we need to pay attention to the subsequent movements of the whales; investment wisdom ≠ temporary enthusiasm, being good at layout and patiently waiting are the cornerstones of profit; mainstream currency recovery signal? DOGE's continued appeal may suggest that the sentiment of the Meme sector is heating up.
The market is changing rapidly, and the arbitrage of whales is certainly eye-catching, but personal investment still needs to be done within one's means. Paying attention to trends and reasonable positions is the way to survive in the long run!
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