While investors who have earned millions of dollars with their investments in the cryptocurrency market have been frequently talked about lately, a new one has been added to these.
According to data from Lookonchain, one investor earned $42 million with just PEPE and two altcoins.
Accordingly, this investor increased his portfolio from 23 million dollars to 65 million dollars in one year and made a profit of 42 million dollars. More importantly, the smart investor used only three cryptocurrencies namely PEPE, ONDO and BEAM to grow his portfolio.
This investor spent 2,434 ETH ($5 million) to purchase 3.97T PEPE between November 2023 and February 2024. This investor, who sells every time the PEPE price rises, still has a significant amount of PEPE.
The investor also purchased 7.55 million ONDO ($1.9 million) from January 28 to February 6 at an average price of $0.26. He then sold 2.56 million ONDO (valued at $2 million) on March 14, April 1, and April 2 at an average price of $0.79, leaving him with 4.99 million ONDO (valued at $5.73 million). Profit was $5.8 million and return on investment was 288%.
Again, this investor purchased 139.47 million BEAM (valued at $2.59 million) on January 4 and January 5 at an average price of $0.019. It then sold 139.47 million BEAMs ($4.44 million worth) from February 16 to February 27 at an average price of $0.032. Its profit is $1.85 million and its return on investment is 72%.
“What a clever trader!
In just 1 year, his portfolio grew from $23 million to $65 million and he earned $42 million!
He earned $60 million (+1203%) on PEPE!
Earned $5.8 million (+288%) on ONDO!
It earned $1.85 million (+72%) on BEAM!”
3/ He bought 7.55M $ONDO($1.9M) at an average price of $0.26 from Jan 28 to Feb 6.
Then sold 2.56M $ONDO($2M) at an average price of $0.79 on Mar 14, Apr 1, and Apr 2, with 4.99M $ONDO($5.73M) left.
The profit is $5.8M, with an ROI of 288%. pic.twitter.com/Qdr0Y3Wawh
— Lookonchain (@lookonchain) May 24, 2024
*This is not investment advice.
