In an impressive turn of events, a crypto whale recently liquidated $3.2 million worth of altcoins, raking in a profit of $200,000 within just seven hours.
The trader focused on three key tokens: $PEPE, $FLOKI, and $WLD.
Breaking down the gains, the whale invested in $PEPE at a cost of $0.00000741, netting a remarkable $110,000 profit. Meanwhile, $FLOKI, purchased at $0.0001194, contributed an additional $45,000 to the total. The $WLD token, acquired at $1.43, added $44,000 to the haul.
Despite facing some losses during this rapid trading period, the whale held firm, anticipating a strategic opportunity tied to the Federal Reserve’s interest rate decisions. This patience paid off when the market rebounded, allowing for a timely exit.
44 Tokens In Top 300 Have Outperformed Bitcoin This Year
According to Famexglobal, only 44 tokens in the CoinMarketCap Top 300 have managed to outperform $BTC this year, with $PEPE and $FLOKI among them. This highlights the potential for significant gains in altcoins, especially in a fluctuating market. The whale’s savvy moves showcase the importance of market awareness and timing, illustrating how a well-planned strategy can lead to substantial profits in the unpredictable world of cryptocurrency.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.