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Cryptocurrency News Articles

A crypto trader achieved 1,000% profit and turned $18.7k into $194k trading DWAIN in less than 24 hours

Jan 17, 2025 at 12:01 am

This is not the first successful trade taken by the The trader, who has been identified with the wallet address AcUm7Pun.

A crypto trader achieved 1,000% profit and turned $18.7k into $194k trading DWAIN in less than 24 hours

A crypto trader has achieved a 1,000% profit, turning $18.7k into $194k trading DWAIN in less than 24 hours, according to on-chain analytics platform Lookonchain.

The trader, who is identified with the wallet address AcUm7Pun, has an impressive 87% win rate and has earned more than $6.7 million, according to the analytics platform.

This is not the first successful trade taken by the trader. The individual has achieved an impressive 87% win streak and earned more than $6.7 million to achieve a total return of 9,700%, according to Lookonchain.

The trader’s other wins include an Ava AI (AVA) position, which alone yielded $1.6 million profits for the trader, Lookonchain added. In addition to the AVA and DWAIN trades, the individual also registered a 10,900% return and achieved $1.1 million in profits trading TOP HAT (HAT).

What a smart trader with an 86.67% win rate and $6.7M in profits!

$1.6M profit (+9,700%) on $AVA. $1.1M profit (+10,900%) on $HAT. $808.7K profit (+1,000%) on $vvaifu.

Yesterday, this trader spent 100 $SOL($18.7K) to buy 18.54M $DWAIN, currently showing an unrealized profit… pic.twitter.com/SFeCxOheEH

— Lookonchain (@lookonchain) January 16, 2025

On-chain data from the Solana blockchain explorer Solscan shows that the trader holds more than 290 different tokens. The individual’s biggest holding is a $1.13 million HAT allocation. Meanwhile, the trader also has a 17% allocation to AVA and a 9.7% portfolio allocation towards Dash (VVAIFU).

DWAIN And HAT Continue Gains While AVA Plummets

Lookonchain’s post shows the trader spent 100 SOL, which is equivalent to $18.7k, to acquire 18.54M DWAIN tokens yesterday. Since the acquisition, the token’s price has undergone a more than 159% surge to trade at $0.01492 as of 9:06 a.m. EST.

AVA's price has plummeted over 18% throughout the past day of trading. Despite the recent drop, the crypto is still in the green by more than 56%. Meanwhile, Top Hat saw its price jump by a small margin in the last 24 hours. This small gain does not tell the full story, however, as HAT is up 71% on the weekly time frame.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Jan 29, 2025