A mysterious cryptocurrency trader has taken the crypto community by surprise with his phenomenal performance over the past few months.
Known for the address 0xd60…, the trader made $3.44 million with a 100% win rate in just 4.5 months.
According to the public records of his transactions, the trader has been active since March of this year and entered the DeFi market by purchasing a large amount of Maker (MKR) tokens.
It then continued to accumulate Compound (COMP) and Milady Meme Coin (LADYS) tokens, along with more MKR tokens at strategic prices and times.
Its most profitable transaction was with MKR, the management token of the MakerDAO platform, which allows users to borrow and issue stablecoins. He spent $1.83 million on March 7, initially purchasing 2,000 MKR tokens at $915.5 each. However, it recovered its losses by spending $3.72 million from May 22 to June 2, purchasing another 5,868 MKR tokens at an average of $633.95 each.
He then traded and sold 3,666 MKR tokens at $993.17 each, making $3.64 million on July 2. 11 hours ago he deposited the remaining 4,210 MKR tokens at $1,156 each on Binance and sold them for $4.87 million. Total estimated profit from MKR was $2.95 million with a 53.2% return on investment (ROI).
The second most profitable transaction was with the management token of the Compound platform, COMP. On March 7, Binance spent $1.18 million, accumulating 25,982 COMP tokens at $45.43 apiece. He invested all of them back into Binance at $64.15 each and sold for $1.67 million on July 3. Estimated profit from COMP was recorded at $486.5k with a 41.2% return on investment.
His least profitable trade was with LADYS, a meme token. It exchanged 230,020 USDT for approximately 1.8 trillion LADY tokens on May 11 at an average price of $0.000001278 each. He sold them all to Huobi for $237.3k, with a deposit of $0.00000132 each. Estimated profit from LADYS was $7,268 with a 3.16% ROI.
*Not investment advice.