A trader bought about $3,540 michi 1 month ago and is currently making a total of $1.88 million
According to Lookonchain, a trader purchased 5.62 million michi for 20 SOL (~$3,540) on April 8. just 1 day later, the token's price had increased by almost 80 times. For most people, an 80-fold profit would have been enough to exit the market at a profit, but the trader didn't sell any michi until 7 days ago, when he began selling michi, converting a total of 1.75 million michi into 3,570 SOL (~$538,000), leaving him with 3.87 million michi (~$1,350,000). The trader made a total of $1,880,000 on the michi, a gain of 533 times.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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