© Reuters. Anonymous Crypto Trader Uses 30 Solana Tokens To Buy Analos Memecoin In ‘Pivotal Week’
Benzinga – by Khyathi Dalal, Benzinga Staff Writer.
Based on Lookonchain data, an anonymous cryptocurrency trader clocked a profit of more than 2,570 times using 30 Solana tokens within a short span of six days.
What Happened: The trader did not directly buy and sell Solana (CRYPTO: SOL) tokens instead he used the 30 SOL tokens he owned to buy 16 billion Analos in the very first minute of the memecoin opening trade.
Next, he sold 14.5 billion Analos (CRYPTO: ANALOS) from several addresses, earning 3.45 million USDC stablecoins.
Currently, the trader continues to hold 1.56 billion Solana worth $2.34 million. It is spread across four of his blockchain wallets. Overall, the trader reports $5.7 million within six days based on only $2,220 worth of Solana.
Analos is a meme cryptocurrency based on the Solana chain built only a week…
