Neiro Ethereum

First Neiro On Ethereum

Date: Wed, Sept 18, 2024, 08:3 AM GMTIn the cryptocurrency market today, one early SHIB investor is making headlines again, this time for betting big on the memecoin First Neiro On Ethereum (NEIRO). Over the past 7 days, NEIRO has surged by an incredible 1800%, fueled by its recent listing on Binance, the world’s largest crypto exchange. This massive rally has put the token in the spotlight, drawing attention from investors and traders alike.Today, <a href="https://x.com/spotonchain/status/1836292151954882565" rel="noopener noreferrer nofollow">Spotonchain </a>monitoring reported that this seasoned whale, who once pocketed a jaw-dropping $145 million from Shiba Inu ($SHIB) during the 2021/22 bull run, has made another bold move. The investor swapped 1,003 ETH (worth $2.31 million) for 2.86 billion NEIRO tokens in just the last hour, despite the memecoin already being up 17x from its earlier price.<blockquote>— Spot On Chain (&#64;spotonchain) <a href="https://twitter.com/spotonchain/status/1836292151954882565?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">September 18, 2024</a>This early SHIB buyer swapped 1,003 <a href="https://twitter.com/search?q&#61;%24ETH&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> ($2.31M) for 2.86B <a href="https://twitter.com/search?q&#61;%24NEIRO&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$NEIRO</a> in the last hour, despite the x17 pump!Though the whale made $145M from <a href="https://twitter.com/search?q&#61;%24SHIB&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> in 2021/22, 2 out of its 3 recent trades, including <a href="https://twitter.com/hashtag/NEIROETH?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#NEIROETH</a> and the 2nd <a href="https://twitter.com/search?q&#61;%24SHIB&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> trade, haven’t been as successful, resulting in… <a href="https://t.co/Rh1SIhTtN4" rel="noopener noreferrer nofollow">https://t.co/Rh1SIhTtN4</a> <a href="https://t.co/LXajvUQM1t" rel="noopener noreferrer nofollow">pic.twitter.com/LXajvUQM1t</a></blockquote>However, the whale’s recent trading record hasn’t been as successful as their SHIB glory days. Out of the last three significant moves, two trades—one involving NEIRO and the other another SHIB deal—have resulted in losses totaling $13.48 million. Despite these setbacks, the whale made a smart pivot on August 30, swapping their underperforming SHIB tokens for 3.114 million Fetch.ai ($FET) tokens. As of now, this FET position is showing an unrealized profit of $715,000, up by 20.7%.While the crypto market is known for its volatility, this whale’s track record of taking high-risk, high-reward positions continues to capture the market’s attention.Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.Related Article: <a href="https://coinsprobe.com/gaming-tokens-beam-gala-and-bnx-mark-significant-gains-potential-rally-ahead/" rel="noopener noreferrer nofollow">Gaming Tokens BEAM, GALA and BNX Mark Significant Gains: Potential Rally Ahead?</a>

Whale Who Profited $145M from SHIB Now Bets Big on NEIRO Despite $13.48M in Recent Losses

CoinsProbe

Other articles published on Sep 18, 2024

POL Price Plunges, DOT Records Biggest Drop, Cybro Steals Attention With Potential of Up to 1000%...

Lawmakers Challenge SEC on Crypto Airdrop Classification

DeFi Powerhouse ETFSwap (ETFS) Breaks Into Stage 3 In Grand Style; This Is Your Last Chance To Ge...

Hedera Becomes Founding Premier Member of Linux Foundation’s New Decentralized Trust Initiative

Robinhood’s CLO Criticizes SEC’s ‘Scorched Earth’ Approach to Crypto

SEC Files Pig Butchering Crypto Fraud Cases Against 3 People, 5 Firms

Join our free newsletter for daily crypto updates!