- Crypto trader amasses $42 million profit in one year.
- PEPE investment yields $60 million return.
- ONDO, BEAM trades add to significant gains.
Discover the incredible journey of a crypto trader who turned $23 million into $65 million in just one year, highlighting key investments and strategies.
Astounding $42 Million Profit in One Year
Lookonchain, a prominent cryptocurrency analytics platform, has detailed the success story of an astute trader whose portfolio ballooned from $23 million to $65 million in just one year. This remarkable gain of $42 million in earnings underscores the trader’s exceptional ability to navigate the volatile crypto markets.
PEPE Investment: A 1203% ROI
One of the trader’s standout achievements was the extraordinary profit of $60 million, representing a 1203% return on investment (ROI), made from investing in PEPE. Between November 2, 2023, and February 1, 2024, the trader invested 2,434 ETH (equivalent to $5 million) to acquire 3.97 trillion PEPE.
Subsequently, by selling 125 billion PEPE for 350 ETH (approximately $1.27 million), the trader retained 3.84 trillion PEPE, then valued at $56.43 million. This strategic selling at peak prices was pivotal to the trader’s success. PEPE has since experienced a 4.72% decline over the last 24 hours to $0.0000139, according to the latest data.
ONDO Trades Yield $5.8 Million
Furthermore, the trader capitalized on the bullish trends of ONDO, earning $5.8 million with an ROI of 288%. The trader purchased 7.55 million ONDO tokens for $1.9 million at an average price of $0.26 between January 28 and February 6. By selling 2.56 million ONDO tokens for $2 million at an average price of $0.79 across multiple occasions in March and April, the trader retained 4.99 million ONDO tokens, then valued at $5.73 million. ONDO’s price, at the time of writing, stands at $1.07, having risen 8.09% in the last 24 hours.
BEAM Investment: A $1.85 Million Profit
Another profitable venture for the trader was BEAM, where an investment of $2.59 million to purchase 139.47 million BEAM tokens at an average price of $0.019 resulted in a $1.85 million profit, reflecting an ROI of 72%. From February 16 to February 27, the trader sold all of their BEAM assets for $4.44 million at an average price of $0.032. BEAM is now trading at $0.02663, down 3.47% over the last 24 hours.
Conclusion
This trader’s journey from $23 million to $65 million in just one year is a testament to the potential rewards of strategic investments in the cryptocurrency market. By capitalizing on market trends and making timely decisions, the trader achieved remarkable returns on PEPE, ONDO, and BEAM. As the crypto market continues to evolve, such success stories highlight the importance of thorough analysis and strategic planning for aspiring investors.
