Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Impatient Whale Sold This Altcoin Early, Missed $10 Million in Profit in 8 Days!

Impatient Whale Sold This Altcoin Early, Missed $10 Million in Profit in 8 Days!

BitcoinsistemiBitcoinsistemi2024/10/23 18:18
By:Elif Azra Güven

According to Lookonchain's post, an investor was too early to sell his GOAT tokens and missed out on a $10 million profit.

Various memecoins continue to mark 2024 with their rise and the profits they provide to their investors.

At this point, many investors make huge profits while some incur huge losses.

According to Lookonchain's post, an investor was too early to sell his tokens and missed out on a $10 million profit.

Lookonchain noted that investor “stupidmoney.sol” may regret selling his GOAT tokens early.

Because this investor sold 15.15 million GOAT on October 16, turning the 5 SOL he spent to buy GOAT (worth about $727) into 15,883 SOL (worth about $2.44 million).

However, if stupidmoney.sol had not sold and kept the GOATs, his profit would have exceeded $10 million.

GOAT, a memecoin based on Solana (SOL), has gained 164.6% in the last week. It has gained 60.2% in the last 24 hours and is trading at $0.719 at the time of writing.

https://twitter.com/lookonchain/status/1849062096954122440

*This is not investment advice.

2
0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

With retail investors leaving, what will drive the next bull market?

Bitcoin has recently plummeted by 28.57%, leading to market panic and a liquidity crunch. However, long-term structural positives are converging, including expectations of Federal Reserve rate cuts and SEC regulatory reforms. The market currently faces a contradiction between short-term pressures and long-term benefits. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.

MarsBit2025/12/09 22:59
With retail investors leaving, what will drive the next bull market?

Tether's "son" STABLE crashes? Plunges 60% on first day, whale front-running and no CEX listing spark trust panic

The Stable public blockchain has launched its mainnet. As a project associated with Tether, it has attracted significant attention but performed poorly in the market, with its price plummeting by 60% and facing a crisis of confidence. It is also confronted with fierce competition and challenges related to its tokenomics. Summary generated by Mars AI. The accuracy and completeness of the content are still being iteratively updated.

MarsBit2025/12/09 22:59
Tether's "son" STABLE crashes? Plunges 60% on first day, whale front-running and no CEX listing spark trust panic
© 2025 Bitget