Trader Turns 66$ Into $3 Million
On January 1st, Lookonchain analysts shared a rather surprising transaction. A trader managed to turn 66$ into $3 million.
In practice, this user had acquired 10.17 million Kekius Maximus tokens for 66$ on December 14th. On January 1st, he sold 2.81 million of these tokens for 60.3 ETH, or $3 million.
In total, this represents a gain of 45,900% for this user. It seems that the latter had a good nose and anticipated Musk's move. Indeed, he acquired his tokens 18 days before Musk changed his name to X.
For his part, Elon Musk seems to have other concerns. Indeed, the billionaire is currently negotiating with the SEC regarding a potential amicable settlement. As a reminder, the SEC accused Musk of orchestrating a pump and dump on Dogecoin.