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A cryptocurrency trader increased his own profit 134 times on a little-known digital token

September 5, 2024 · 12:21 pm 1 min read

Editor’s note: not investment advice!

An unknown trader managed to earn $ 670,000 in just 48 hours by trading the VISTA token on the Ethervista decentralized exchange. This was reported by Arkham, a company that analyzes crypto transactions.

According to the data, the trader invested about $ 5000 at the time of the token’s launch, buying 5% of the total number of coins. He distributed his assets among seven crypto wallets, which provided an additional level of security. Two days later, he sold his tokens, earning $ 670,000 in ETH, which increased his initial investment 134 times.

In his comments to Arkham’s post, NRGCrypto888 suggested that only an insider could invest such a sum in the new coin and wait for the price to rise.

This is not the first case of such rapid enrichment. Earlier, an insider trader earned $ 5.6 million on the DADDY token, which was promoted by the famous kickboxer Andrew Tate as a competitor to the MOTHER coin from singer Iggy Azalea.

No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital assets!

BTC

$78,732.42

-0.13%

ETH

$2,484.71

1.16%

BNB

$701.32

1.00%

XRP

$1.40

-2.65%

SOL

$100.95

4.39%

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