CandleFocus Ethereum Whale Makes $1 Million Profit from $CULT Token Sniping
2024-12-09
Author: Content Editor
An Ethereum whale made a significant profit of up to $1 million by sniping the $CULT coin, showcasing the increasing sophistication of traders in the DeFi sector. The whale used 500 ETH ($1.99 million) to acquire 467.64 million $CULT coins, with 100 ETH ($398,000) used as a bribe fee to ensure priority in the transaction. They then sold 267.64 million $CULT coins for 432 ETH ($1.72 million) and currently hold 200 million $CULT coins valued at $1.32 million. This trade highlights the high-stakes nature of crypto trading and the importance of strategic decision-making and market knowledge.
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