According to cryptocurrency onchain data, a major crypto whale appears to have made a large profit from a memecoin.
According to the data, the giant whale made a profit of $ 1.03 million from the memecoin called TURBO. The value of the token has increased by 85% in the last week.
This whale purchased a total of 188.89 million TURBO tokens on Binance between September 21 and October 13, worth approximately $1.24 million at an average price of $0.007. Then, less than a month later, he sold all of his tokens at $0.012, making an 82.5% profit.
Interestingly, when we examine this whale's previous trades, we see that he has a profitable trade rate of 71%. The altcoins he has made the highest profits so far are TURBO with $1.5 million, BRETT with $843 thousand, PEPE with $467 thousand, and LINK with $325 thousand. The biggest loss was in the ONDO altcoin with $127 thousand.
*This is not investment advice.
