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A certain Meme Coin whale engaged in high-frequency trading spent 7.84 SOL to purchase 40.3 million BITCAT tokens during the BITCAT presale phase, achieving a return on investment of 27,837%.

2024-11-16 11:59

BlockBeats News, November 16th, According to on-chain data analyst @ai_9684xtpa's monitoring, the SmartMoney address starting with v2yNh spent 7.84 SOL (approximately $1678) to buy 40.3 million BITCAT tokens at an average price as low as $0.00004165 during the BITCAT IDO phase. Subsequently, the address gradually sold off all tokens in the range of a $500 - $3000 million market cap, realizing a profit of $467,000, with a return rate of 27,837%.


Reportedly, this address traded 341 meme coins in the past seven days, with a very high turnover rate, accumulating a total profit of $857,000.

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