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- Pin
A diamond hand trader closed all positions of 24.8 million PIPPIN tokens, making a profit of 3.65 million USD.
According to Deep Tide TechFlow news, on December 1st, the on-chain analysis platform Lookonchain monitored that the diamond hand trader 2Gc2Xg closed all positions of 24.8 million PIPPIN tokens, valued at 3.74 million USD, locking in a profit of 3.65 million USD, with a return on investment of 4066%.
The trader spent 450 SOL (approximately $90,000) to purchase this batch of PIPPIN tokens a year ago. On January 11 of this year, the value of his holdings once reached about $7.6 million but he did not sell, and subsequently, the market value of PIPPIN fell below $10 million.
During the recent rebound, the trader sold all 29,527 SOL (3.74 million USD) at a price, successfully avoiding missing the cash-out opportunity again.