Cryptokit gained 613% profit on SPX token

Editor’s note: not investment advice!

An unidentified cryptocurrency trader has earned about $ 1.48 million on the little-known virtual asset SPX. This happened despite the growing volatility and speculation in the market.

It is worth noting that in general, the cryptocurrency managed to make an impressive 613% profit.

The trader reportedly bought 3.068 million SPX tokens for $ 242 thousand.

When the price rose, he sold 1.45 million tokens for $ 835 thousand. This happened despite the fact that the value of SPX subsequently dropped by 29%.

Currently, the trader holds 1.618 million tokens, which are valued at $ 886 thousand. The total profit from the transaction is about $ 1.48 million.

It is worth adding that at the height of the SPX token price growth during the bull run, the trader reached a maximum profit of $ 2.77 million.

The No Worries editorial team strongly advises readers not to invest their own funds in dubious crypto projects and little-known digital assets!