Solana

QUACK

Bitcoin

Giant

Bold

According to Onchain data, a cryptocurrency whale made significant altcoin trades during today's decline.
The whale in question managed to turn his initial investment of 500 Solana (SOL) into 5,789 SOL, or 781 thousand dollars, in just 15 minutes.
This whale was one of these types of traders, called “snipers”, who managed to be among the first investors in memecoins as soon as they were introduced to the market. Balina wallet purchased a large amount of its earnings from an unknown Solana-based token called QUACK.
The wallet purchased 665 million QUACKs by spending 500 SOL, which is equivalent to 67 thousand dollars. He completed his transaction as soon as the QUACK token became available for trading. With this acquisition, Balina account now owns 15.83% of QUACK's total supply.
Related News: <a href="https://en.bitcoinsistemi.com/bold-prediction-for-bitcoin-from-big-btc-bull-michael-saylor/" target="_blank" rel="noopener noreferrer nofollow">Bold Prediction for Bitcoin from Big BTC Bull Michael Saylor</a>
However, given the high-risk and volatile nature of memecoins, it is important to remember that a new memecoin is incredibly speculative and risky. The majority of working users who are not the first investors of Memecoins close their transactions with a loss.
Then, the giant whale, which started to realize its profit, sold all its QUACK tokens for 5,789 SOL, or 781 thousand dollars. Balina wallet's total earnings from this 15-minute transaction was 714 thousand dollars.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/giant-whale-created-a-buzz-with-altcoin-trading-turned-67k-into-781k-in-15-minutes/" rel="noopener noreferrer nofollow">Giant Whale Created a Buzz with Altcoin Trading: Turned $67K into $781K in 15 Minutes</a>

Giant Whale Created a Buzz with Altcoin Trading: Turned $67K into $781K in 15 Minutes

Bitcoin Sistemi EN

Other articles published on Apr 30, 2024

Avalanche Crypto Showcasing Wedge: Will It Plunge Upto $20.0?

Ripple to Unlock 1Billion XRP on 1st May, Is XRP Price To Drop?

Bitcoin ETFs Record $51M Net Outflows On Monday, Continue 3-Week Outflow Trend

Major Bitcoin Developments Points To A Wilder Bull Cycle Than Anticipated

Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode

NEWGOLD NEWGs On Solana Network Price To Reach $100,000

Join our free newsletter for daily crypto updates!