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Cryptocurrency trader increased his profits on digital tokens 23,700 times in just 6 days

12:41 pm, April 3, 2024

The owner of digital assets under the nickname Larp Von Trier was able to increase his investments in tokens with a market capitalization of less than $ 5000 by 23,770 times in six days. This was reported by analysts of the crypto marketplace Lookonchain on the X platform.

Earlier, the trader announced a hunt for potentially promising coins on the Coinbase exchange. on March 27, he bought 1.3 billion KEYCAT (13.16% of the total) for 0.1 ETH ($ 353). At that time, the token had been traded for several days, and its capitalization was only $ 2200.

Larp Von Trier then sold 344.7 million KEYCAT for 497 ETH ($ 1.75 million). This left 971.2 million KEYCAT (9.71% of the total) on his six wallets, which are now worth $ 6.64 million.

Not all of the user’s transactions were successful. Before that, he bought NORMIE and NORMILIO, but lost $ 820 (-23%) and $ 9700 (-84%) on them, respectively.

As a reminder, a major bitcoin owner who has been dormant since 2019 and ranks fifth in terms of accumulated coins (94,498.6 BTC) recently split his assets between three newly created crypto wallets.

The original crypto wallet has only 1.4 BTC worth about $ 98,000. Out of the total amount of about $ 6 billion, about $ 5 billion worth of bitcoins were sent to the balance of one of the new wallets, and the remaining bitcoins were divided and moved to two more wallets in approximately equal shares.

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BTC

$62,581.73

0.71%

ETH

$2,454.07

1.41%

BNB

$566.65

0.64%

XRP

$0.53

0.92%

SOL

$145.62

1.90%

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