This Meme Coin Whale Made a Fortune in 5 Days: Turned 20 Thousand Dollars into 4.4 Million Dollars! - Coin Bulletin

A whale taking advantage of the volatility of the crypto market, with an investment worth 20 thousand dollars, has attracted attention by increasing it to 4.4 million dollars in just five days.

An investor who held 20 million AURA tokens over the past year sold half of this amount, that is, 10 million AURA for 12,605 Solana (SOL), generating approximately 1.84 million dollars in revenue. The whale still has about 10 million AURA worth approximately 1.8 million dollars in its wallet. Thus, the whale’s total profit has exceeded 3.4 million dollars.

This interesting chain of transactions began about four months ago when a whale transferred all its assets to a wallet named FbcvpL. However, the real big leap happened after the AURA tokens’ total value was only 20 thousand dollars five days ago. The sudden rise in the token price quickly increased the value of the investor’s assets in the wallet by a full 220 times.

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(# What does AURA tell investors?

The massive gains experienced in just a few days remind crypto investors that volatility presents two-sided opportunities. Especially in meme coins or low market cap altcoins, such dramatic price increases carry both great risks and great profit opportunities. This situation once again highlights the need for investors to be cautious with speculative tokens.