Trader Gains $4.77 Million by Investing in ACT with 2,658 SOL Amid Binance Listing
SOL/USDT
$3,875,175,794.90
$89.20 / $86.02
Change: $3.18 (3.70%)
-0.0160%
Shorts pay
On November 11th, COINOTAG reported that a savvy trader executed a strategic purchase of **17.16 million ACT** using **2,658 SOL**, valued at approximately **457,000 USD** between October 25th and November 3rd, according to data from **LookIntoChain**. Following the announcement by **Binance** regarding the listing of ACT, the trader capitalized on the opportunity by liquidating **9.33 million ACT**, which yielded **11,945 SOL** or **2.48 million USD**, solidifying a successful investment strategy. Currently, the trader holds **7.83 million ACT**, valued at around **2.74 million USD**, culminating in a total profit of **4.77 million USD**. This transaction showcases the volatility and potential profitability inherent in the **cryptocurrency market**, as well as the importance of timing and market awareness for successful trading.
