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Cryptocurrency News Articles

This Savvy Crypto Trader Made $17.64 Million in Profits From 4 AI-Related Digital Assets on the Solana Network

Jan 08, 2025 at 05:00 am

Blockchain tracking firm Lookonchain says one anonymous trader raked in multi-million dollar profits on each of the following digital assets

This Savvy Crypto Trader Made $17.64 Million in Profits From 4 AI-Related Digital Assets on the Solana Network

A crypto trader is looking at reaping multi-million dollar profits on four artificial intelligence (AI) related digital assets, according to blockchain tracking firm Lookonchain.

The trader has reportedly made a more than 8,287% gain from their Goatseus Maximus (GOAT) buy. The trader reportedly bought 11.1 million GOAT when its market cap was less than $2 million and sold all GOAT for $5.2 million, notching a profit of $5.14 million.

GOAT is trading for $0.51 at the time of writing, down 4.9% in the last 24 hours. With a market cap of $512.1 million, GOAT is the 208th largest crypto project.

Next up, the trader turned $123,000 into more than $4.6 million after buying ai16z in November, according to Lookonchain.

“This trader aped into ai16z when its market cap was $22 million, spent $123,000 to buy 6.17 million ai16z, and sold 4.67 million ai16z for $1.78 million. He currently holds 2.65 million ai16z ($2.9 million), with a total profit of more than $4.5 million.”

At the time of writing, ai16z is trading for $2.19, up 20.5% in the last 24 hours. With a market cap of $2.4 billion, the digital asset is the 67th largest crypto project.

The trader also turned a more than 3,338% gain when trading Fartcoin, according to Lookonchain.

“This trader aped into Fartcoin when its market cap was less than $7 million, spent $121,000 to buy 9.46 million Fartcoin, and sold 6.81 million Fartcoin for $610,000. He currently holds 2.65 million Fartcoin ($3.55 million), with a total profit of more than $4 million.”

Fartcoin is trading for $1.17 at the time of writing, down 9.5% in the last 24 hours. The altcoin has a market cap of $1.17 billion, making it the 119th largest crypto project.

Lastly, the trader made more than a 1,886% gain on trading AI Rig Complex (ARC).

“This trader aped into ARC when its market cap was $15 million, spent $212,000 to buy 11.6 million ARC, and sold 1.6 million ARC for $212,000 back. He currently holds 10 million ARC ($4 million), with a total profit of $4 million.”

ARC is trading for $0.43 at the time of writing, up 19.7% in the last 24 hours. With a market cap of $435 million, altcoin is the 239th largest crypto project.

News source:dailyhodl.com

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