Ethereum

Millions

Show

Million

<p>A crypto trader executed an ingenious trading strategy that netted over $2 million in profits in just 12 hours <a href="https://x.com/lookonchain/status/1757793045872070700?s=20" target="_blank" rel="noopener noreferrer nofollow">according</a> to onchain analytics firm, Lookonchain. The trader, whose wallet address was shared publicly, paid a tip of 35 ETH (valued at $95,000 at current prices) to obtain early access to a new altcoin called AIUS.</p>
<p>Armed with insider knowledge about the new token, the trader strategically invested 60.1 ETH (worth $165,000) to acquire 6,842 AIUS tokens at the outset. In 12 hours, the price of AIUS skyrocketed, allowing the trader to sell 6,152 tokens for a staggering 581 ETH, valued at $1.6 million.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="365" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-1024x365.png" alt="" class="wp-image-438145" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-1024x365.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-300x107.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-768x274.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-1536x548.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-2048x731.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-420x150.png 420w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-100x36.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-981x350.png 981w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514-788x281.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-514.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="strong-realizing-massive-gains-strong"><strong>Realizing Massive Gains</strong></h2>
<p>After cashing out the majority of their position, the trader retained 690 AIUS tokens, valued at approximately $644,000 according to the latest market price. Hence, the total profit amounted to $1.43 million from an initial investment of $165,000. Additionally, the remaining AIUS tokens represent unrealized gains of around $644,000.</p>
<h2 class="wp-block-heading" id="strong-implications-for-crypto-trading-strong"><strong>Implications for Crypto Trading</strong></h2>
<p>This example underscores how profitable it can be to get early access to promising new crypto projects. Paying tips in ETH to gain insider information before the public can lead to outsized returns. However, realizing these outsized returns necessitates an in-depth understanding of technical analysis to identify ideal entry and exit points.</p>
<p>Sophie Anderson, a cryptocurrency analyst, <a href="https://x.com/Sdigitalduchess/status/1757798232363503959?s=20" target="_blank" rel="noopener noreferrer nofollow">remarked</a> that this trade demonstrates the high-risk, high-reward nature of the crypto markets. In her words, “it requires deep market understanding” to execute trades with this level of precision and profitability.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>While the potential rewards are huge, sniping unknown altcoins is an extremely high-risk endeavor. This particular trader executed flawlessly, but such explosive gains are more the exception than the norm. Still, for seasoned traders with ample risk tolerance, the profits can be life-changing, as evidenced by this trader’s $2 million 12-hour coup.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/when-will-kaspa-kas-hit-1/" target="_blank" rel="noopener noreferrer nofollow">When Will Kaspa (KAS) Hit $1?</a></li>
 <li><a href="https://captainaltcoin.com/bitcoin-pre-halving-rally-has-begun-but-ethereum-and-altcoins-will-follow-btc-heres-why/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Pre-Halving Rally ‘Has Begun,’ but Ethereum and Altcoins Will Follow BTC – Here’s Why</a></li>
 <li><a href="https://captainaltcoin.com/best-altcoins-to-collect-before-the-bitcoin-halving-which-of-these-altcoins-could-surge-in-2024/" target="_blank" rel="noopener noreferrer nofollow">Best Altcoins to Collect Before the Bitcoin Halving: Which of These Altcoins Could Surge in 2024?</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/are-ethereum-tips-useful-this-smart-trader-made-over-2-million-in-12-hours-with-this-altcoin/" rel="noopener noreferrer nofollow">Are Ethereum Tips Useful? This Smart Trader Made Over $2 Million in 12 Hours With This Altcoin</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Are Ethereum Tips Useful? This Smart Trader Made Over $2 Million in 12 Hours With This Altcoin

Obsah

CaptainAltcoin

Ďalšie články zverejnené 14. 2. 2024

‘Millions Affected’- Bitcoin Ransomware Attackers Leak Venezuelan Mobile Carrier Data

Binance Coin Investors Face Potential Liquidation as Prices Soar

Crypto Prices Today: Bitcoin Sustains 49K, PEPE & XRP Dip As PYTH Rallies 15%

CoinDCX Partners With Koinex To Enable Users Access Their Assets

Why Avalanche (AVAX) & Chainlink (LINK) investors love Kelexo (KLXO) presale

Avalanche Rumbles: AVAX Eyes To Reclaim $50 As Upgrade Fuels Optimism On Testnet

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!