An altcoin crypto whale has sold a portion of their $SPX holdings, realizing a profit of approximately $14 million. The whale initially acquired 19.15 million $SPX tokens on the Solana network for $48.4K between January and March. They then bridged the tokens to Ethereum and started selling on October 3. The recent sale of 4.15 million $SPX for 708 ETH resulted in a profit of 289 times their initial investment. The trader still holds 15 million $SPX, worth around $12.3 million. This highlights the profitability of early-stage investments in emerging tokens and the potential revenue in the cryptocurrency sphere. The whale may continue to sell or wait for better prices.



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