In an astonishing story of conviction and patience, a crypto trader has recently obtained a huge profit with the $BULLY coin. As per Lookonchain, a popular on-chain analytics provider, the altcoin trader reportedly made up to $5.95M from the investment of just $22.6K that occurred one month back. The analytics platform took to social media to provide the details of this game-changing incident.
From almost hitting zero to $5.95M—what a legend!
A month ago, he spent 115 $SOL($19.4K) to buy 20.51M $BULLY, only to watch it drop by 90%.
But he didn’t sell.
Instead, on November 18, he spent another 16 $SOL($3.2K) to buy 19.93M $BULLY.
Today, as $BULLY broke through a… pic.twitter.com/zyV3jVKlEu
— Lookonchain (@lookonchain) November 22, 2024
$BULLY Trader Gets Multimillion-Dollar Fortune from $22.6K over a Month in a Bold Move
Lookonchain mentioned that, by getting a multimillion-dollar fortune from only $22.6K, the trader has expressed a risky but confident move. This inspiring journey started a month back when the investor used 115 $SOL tokens to get $BULLY coins. Hence, the investor spent up to $19,400 in $SOL to acquire nearly 20.51M $BULLY. Nonetheless, the market had some other plans. Subsequently, a 90% decline took place in $BULLY’s price. This plunge significantly shrunk the portfolio of the trader.
Despite Enormous Price Dip, Altcoin Trader Buys Additional 19.93M $BULLY
Despite getting such a massive hit in terms of losses, the trader took a bold decision. On the 18th of November, the trader invested other 16 Solana tokens (approximately $3,200) to acquire an additional 19.93M $BULLY coins. Contrary to the former disappointment, this investment provided substantial gains to the trader.
Latest Price Surge of $BULLY Turns Trader’s Cumulative Holdings to $5.95M
This investment efficiently doubled the trader’s holdings to almost 40.44M $BULLY tokens. At present, $BULLY has spiked to exclusive heights, touching $140M in terms of market capitalization. Thus, the investor’s portfolio takes into account an astounding $5.95M in cumulative holdings.