There is a smart trader who made an incredible move, earning $36,984 SOL (about $8.36 million) in less than 20 minutes!
Here's how it went:
The entry:
As soon as $PENGU was launched, the trader spent 23,742 SOL (about $5.36 million) to buy 239.6 million pengu tokens.
The exit:
A few minutes later, the trader sold all 239.6 million $PENGU for 60,726 SOL (a whopping $13.72 million).
The profit:
Total profit = 60,726 SOL - 23,742 SOL = 36,984 SOL
In dollar terms, that's a whopping $8.36 million profit!
This trade perfectly highlights the power of timing, strategy and quick execution in the cryptocurrency markets, especially during new token launches.
Huge profits in such a short time: what a move! 🚀 $BTC $ETH #BTC
