CandleFocus
A Crypto Whale Outplayed the Market by Gaining Huge Profit on Memecoins
2024-11-21
Author: Content Editor
According to Lookonchain, a crypto whale associated with Manifold Trading has turned a $378K investment into a profit of $35.2 million in just 11 months. The whale strategically accumulated and held $OM tokens, instead of trading memecoins, resulting in impressive profits. The whale purchased 9.33 million $OM tokens for $0.04 each, which are now worth $19.86 million. The recent deposit of 4 million $OM tokens on Binance has drawn attention from the trading community. This success highlights the potential rewards of patience and timing in the volatile crypto market. The $OM token is now garnering interest and considered a promising asset.
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