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Market News

How a Trader made $3.67 Million from $1.9K investment in ELIZA 

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published November 19, 2024 3:40 PM·Updated 2 years ago
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1,925x Return: Trader's $1.9K Skyrockets to $3.67M

A savvy trader transformed a modest $1.9K investment into a jaw-dropping $3.67 million in just two hours, achieving a staggering 1,925x return in $ELIZA.

As reported by Lookonchain, the trader purchased 89.19 million $ELIZA tokens for 7.84 $SOL, worth $1,900. Within hours, they strategically sold 49.49 million $ELIZA for 7,091 $SOL, equivalent to $1.72 million.

Trader turns millions in 2 hours
Source: Twitter

The remaining 39.7 million $ELIZA are currently valued at $1.95 million, bringing their total gains to an eye-watering $3.67 million.

The trader continues to sell off their $ELIZA holdings, demonstrating precision in timing and market knowledge. This remarkable feat showcases the volatile yet lucrative nature of cryptocurrency trading, where fortunes can be made—or lost—in the blink of an eye.  

Also Read: Germany Missed $1.7 Billion Profit by Selling 50,000 Bitcoin

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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