Recently, a crypto trader has effectively gained a substantial profit on the $MOODENG token. As per Arkham Intelligence, a prominent crypto analytics firm, the trader going by Db3p has turned just $800 in investment into a staggering $3.5M with $MOODENG, the coin named following a viral baby hippo in Thailand. The analytics platform took to its official X account to provide the details of this event.
A Crypto Trader Makes $3.5M out of $800 with $MOODENG
Arkham Intelligence has previously been pointing out the activities of the respective trader in its series of updates. Db3p reportedly bought $MOODENG tokens of $800 worth only 4 hours following its release. This early step resulted in significant returns for the trader. Hence, the trader effectively pocketed $400,000 in just seven days. This denotes a massive 500x jump in terms of value, signifying a remarkable leap even in the cryptocurrency’s volatile world.
Back on September 17, Db3p reportedly turned just six $SOL tokens into $400K. After that, on the 23rd of the same month, the holdings of the trader increased to a further extent, touching $1.3M. At the moment, the trader’s portfolio has inflated to an enormous $3.5M value.
The Crypto Community Speculates Whether the Trader Will Get More Profits of Continue Holding Tokens
The most surprising thing is that irrespective of this huge windfall, the trader has not yet sold any coins. The activities of this trader have buzzed the crypto community with speculation and several wonder if he will garner more profits or keep on holding.
