In a whirlwind of crypto market activity, one trader has emerged with staggering gains, amassing over $3 million as the price of Brett (BRETT) experienced a meteoric rise of 60%. The news broke when Lookonchain, a prominent cryptocurrency analytics platform, tweeted details of the extraordinary transaction.
According to Lookonchain’s tweet, two wallets, identified as “0x1f72” and “0x8996,” achieved an astonishing return on investment, generating 890.6 *ETH*, equivalent to $3.14 million, with an initial investment of just 0.034 Ether, or $102. This remarkable gain translates to a staggering 30,830x increase in value. The wallets purchased a total of 172.56 million Brett tokens and subsequently sold 122.74 million BRETT for an impressive profit.
The transactions were conducted on-chain, spanning multiple wallets and transactions. What makes this feat even more intriguing is the fact that both “0x1f72” and “0x8996” wallets are whitelisted by Brett Deployer, as confirmed by the transaction hash provided in Lookonchain’s tweet. This whitelist feature ensures a level of credibility and trust within the Brett ecosystem, indicating the legitimacy of the transactions.
DeFi expert Shady weighed in on the development, revealing that a total of 139 addresses are whitelisted within the Brett ecosystem. Among these addresses, “0x1f72” and “0x8996” stand out as the most profitable, further highlighting the significance of their recent trading activity.
The Meme Coin Craze
Brett, described as a meme coin, operates on the Base Chain platform. At the time of this remarkable transaction, Brett was trading at $0.04718, marking a substantial increase of 61.40% within the past 24 hours alone. The trading volume of Brett also witnessed a significant surge, rising by 73.17% and currently standing at an impressive $115,447,345.
The unprecedented success of the trader behind the “0x1f72” and “0x8996” wallets serves as a testament to the volatility and potential profitability of crypto trading. As the crypto market continues to captivate investors with its rapid fluctuations and lucrative opportunities, stories like this underscore the immense fortunes that can be made in the blink of an eye. However, they also underscore the inherent risks associated with such ventures, reminding participants to exercise caution and diligence in their investment strategies.
