😲😱🚀Crypto trader makes 220x profits in 19 hours, turning $3,000 into $650,000

😲😱🚀Crypto trader makes 220x profits in 19 hours, turning $3,000 into $650,000

One of the big meme coin gains that we have seen recently, especially in Solana-based tokens, this time occurred in an Ethereum-based token. A trader made a profit of 220 times over the SNOW token he received in just 19 hours.
The profit made by the investor who bought SNOW, an Ethereum-based token, surprised many crypto investors. This person spent only 1.3 Ether and bought 387 trillion SNOW tokens, which were equivalent to 44% of the entire SNOW supply.

He only sold 1 in 5 of them
According to the information provided by the on-chain tracking platform Lookonchain, this whale sold one of the tokens in its possession 19 hours later at 5 and made a big profit. the whale, which sold 72 trillion pieces of SNOW, obtained 53.4 ETH. The profit of the whale here was about 120 thousand dollars.

35 Percent of the total supply is still in hand
This unidentified trader still has 315 trillion pieces of SNOW in his hands, which corresponds to 35% of the total supply of tokens. If the whale sells all the tokens it currently has, it will have made an additional profit of 535 thousand dollars.

The emergence of these transactions and their dissemination on social media caused users to put forward “insider trading” claims.

As it will be remembered, similar profits have been seen in recent weeks, especially in Solana-based meme coins, and it has even attracted attention that whales make purchases sometimes minutes, sometimes seconds after the tokens are issued. These again aroused the impression that people who received insider information or who directly owned the project were making these purchases.