A Whale Engages in Leveraged Trading to Buy TRUMP and SOL, Profits Exceed $41.6 Million

BlockBeats News, January 19th, according to LookIntoChain monitoring, after the TRUMP launch, a whale bridged 63.9 million USDC to Solana and borrowed 23.4 million USDC from Kamino to buy TRUMP and SOL.

He spent 11.5 million USDC to buy 1 million TRUMP at a price of $11.50 ($43.3 million), unrealized profit of $31.8 million, and spent 75.8 million USDC to buy 312,571 SOL at a price of $242.59 ($85.6 million), unrealized profit of $9.8 million.