Million

According to cryptocurrency onchain data provider Arkham, a trader has embarked on an intriguing trading adventure.
Data shows that this trader used his initial investment of $80,000 to buy an altcoin, then increased his net worth to $1.2 million, before losing it all.
XCkM, a trader who is actually known for trading Solana-based altcoins, bought $80,000 worth of AURA tokens within 3 weeks of its launch, according to onchain data. The data showed that at the peak of the crypto wallet’s wealth, the altcoin’s price rose to $1.22 million. During this period, AURA’s total market value briefly exceeded $75 million.
Related News: <a href="https://en.bitcoinsistemi.com/legendary-analyst-il-capo-writes-a-bullish-scenario-for-cryptocurrencies-explains-what-it-takes-to-make-it-happen/" target="_blank" rel="noopener noreferrer nofollow">Legendary Analyst il Capo Writes a Bullish Scenario for Cryptocurrencies, Explains What It Takes to Make It Happen</a>
However, things started to get worse for the trader after this stage. AURA, a memecoin, lost a lot of value with the arrival of the bear market wave affecting the cryptocurrency market, and the value of the trader's total assets dropped to $91,000.
On the bright side, the trader has not suffered any losses from his principal so far.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/unlucky-trader-first-made-1-2-million-on-this-altcoin-then-lost-it-all/" rel="noopener noreferrer nofollow">Unlucky Trader First Made $1.2 Million on This Altcoin, Then Lost It All</a>

Unlucky Trader First Made $1.2 Million on This Altcoin, Then Lost It All

Bitcoin Sistemi EN

Other articles published on Sep 12, 2024

Market Data and Exchange Reserves Suggest Bitcoin’s Bullish Momentum

Analyst Predicts Bitcoin’s Rising Trend After September

It took WazirX a month to give ‘NO’ option in poll for users

Web3 Payment Platform Bridge Raises $58M to Transform Global Payments with Stablecoins

Memecoins Lose Momentum Following Meteoric Gains

Ripple Announces Smart Contracts for XRP Ledger, Expanding Features for NFTs, AMMs, and DEXs

Join our free newsletter for daily crypto updates!