A cryptocurrency investor turned $25,000 into $1.3 million, making an extraordinary 5,000% profit in just 3 days. Here’s how he did it…
Cryptocurrency transactions bringing in $1.3 million in 3 days
In a recent tweet that caught the attention of the crypto community, Twitter user Dami-Defi shared a jaw-dropping story about the staggering growth of a crypto wallet. The value of the wallet in question rose from $25,000 to a staggering $1,300,000 in just three days. Intrigued, Dami-Defi embarks on a mission to uncover the secrets behind this remarkable achievement. She graciously shared her findings on her Twitter account.
Dami-Defi used various tools to do further research, notably Zerion, Bubblemaps and Dexscreener. Going into the details, the researcher uncovered the following key information about the wallet and its owner’s trading strategy.
https://twitter.com/DamiDefi/status/1660947517272457219
Here are the right positions
First of all, the wallet’s largest altcoin, which makes up 99% of its portfolio, was a meme coin called REFUND (RFD). The wallet had an RFD of 13,567,175,828 worth $1,327,042. Dami-Defi has meticulously followed the journey of this investment. It turned out that the wallet owner initially spent $16,300 to buy an RFD. The current value of the investment represents a staggering $1,314,572 profit, equivalent to an exceptional 8050% gain.
Digging deeper into the transaction history, Dami-Defi discovered that the wallet’s first RFD purchase took place on May 20. The initial purchase price was an incredibly low $0.00000084 per token. RFD quickly outstripped this price zone.
Specifically, the wallet owner known as the “whale” has not sold any of the RFD tokens so far. This fact adds an intriguing element of speculation to the story, leaving readers to wonder if the whale will at some point make money or sustain this extraordinary growth spurt.
$25,000 to $1,300,000 in a few days
Dami-Defi’s approach acknowledges that there may be more sophisticated methods of identifying whales. However, it does offer a relatively simple way for those interested in following such accounts. For those who want to monitor the activity of this particular wallet: 0x47ab348fb8919639cd8206ca06feaf8b32ffdf9f.
As a result, this investor identified by Dami-Defi inspires new traders. The hit whale went from $25,000 to $1,300,000 in just a few days. Dami-Defi revealed that the increase was largely due to RFD. By the way, as we quoted as Kriptokoin.com, RFD is on the red flag list. According to PeckShield, 24 altcoins have made rug pulls in the last 10 days. RFD was one of them.
46942
