Hello everyone, I'm Penny.
Yesterday, after Binance announced the listing of $ACT, some savvy traders quickly joined in and made considerable profits in a short period of time.
1. GOAT Whale moved to ACT and earned another $2.8 million
One notable $GOAT whale spent 5,000 $SOL ($1.04 million worth) to acquire 3.84 million $ACT at $0.27 per token.
This is not the first time this whale has made a big investment. Between October 21 and October 23, they invested 20,500 $SOL ($3.44 million) to purchase 7.52 million $GOAT tokens and made an unrealized profit of $2.8 million.
2. The big investor who had been lying in wait for half a month made a huge profit of 4.77 million
Another savvy trader made an equally impressive move. From October 25 to November 3, this trader invested $2,658 SOL ($457,000) to buy $17.16 million ACT.
After Binance announced the listing, they quickly took profits, selling $9.33 million of ACT for $11,945 SOL ($2.48 million), locking in a healthy profit while keeping $7.83 million of ACT, valued at $2.74 million. All in all, the trader made a healthy profit of $4.77 million.
3. Sell at a loss before dawn
But not everyone is so lucky. One “diamond hand” investor recently sold $1.9 million of $ACT for a loss of $36,000.
23 days ago, he spent 509 $SOL ($79,000) to buy 1.9 million $ACT and held it for 21 days before selling it. Ironically, the $ACT they sold is now worth $830,000, which means that if they had been more patient, they would have made a profit of $750,000.
4. Using Binance’s announcement to make a profit of 3.4 million in one hour
Finally, let’s talk about another example of how to make the fastest profit, which is to use the Binance announcement to buy quickly.
One trader took advantage of the Binance listing announcement and turned $318,000 into $3.4 million in just one hour. They spent 1,558 $SOL to buy 10.9 million $ACT seconds after $ACT was listed, and the value surged shortly thereafter, showcasing the potential for massive upside following a new listing on a major exchange.
5. PNUT also has similar cases
The above case is very similar to our community Nan Ge @楠神
After the IPO announcements of ACT and PNUT, I bought 120,000 PNUT shares and encouraged the community members to buy them! I made 10,000 USD after the IPO and currently have a profit of 15,000 USD. Those who followed me also made a good profit. Although it is less than ACT, this decisive decision also requires vision and experience.
I am Penny, a long-term coin hoarder. I don't touch contracts and don't recommend leverage. I make coins in a bear market and U in a bull market. If you are also such a person, then you are welcome to join the Penny team (no fees! No promotion! No return!).
Let us go through the bull and bear markets together, keep each other warm, and strive to be a thicker leek.
