Crypto Trader Increases Investment from $17,000 to $1.2 Million in 8 Minutes
Date: 2025-01-06 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
A recent trade conducted on the decentralized blockchain platform SolanaRaydium demonstrated a high-risk trading strategy using the BUZZ/SOL pair. The trader purchased 268.12 million BUZZ tokens, which amounted to almost 27% of the total liquidity pool of this token immediately after its release. In order to secure a priority spot on the Solana blockchain, a significant fee of 49 SOL was paid, which is equivalent to about $10,000.
Eight minutes later, the trader sold all of the purchased tokens, receiving 6,090 SOL in return, which amounted to a net profit of 6,008 SOL (approximately $1.25 million). The quick and successful trade raises questions, since such a result requires deep knowledge of the structure and timing of the token's liquidity.
The unusually high transaction fee of 49 SOL indicates a significant level of confidence on the part of the trader in the growth of the token's value. This, as well as the quick exit from the trade after 8 minutes before any significant adjustments, raise suspicions of possible insider trading.
Thus, although the success of the trade seems to be random, it is important to consider that such transactions require not only a good understanding of the market, but also, possibly, access to exclusive information.
