A cryptocurrency trader recently achieved a remarkable $2.5 million profit by turning a modest investment of 13 SOL (roughly $3.3K) into nearly 9,718 SOL.
This profit was made through a series of trades involving the FATHA token.
The trader made the purchase on the Pump.fun platform, capitalizing on a rapid surge in the market cap of FATHA, which skyrocketed to more than $60 million in a short period. After holding the tokens briefly, the trader sold them at the peak, securing a 750x return on the initial investment.
This trade highlights the significant impact of meme coins within the crypto space, particularly on the Solana blockchain. In just 40 minutes, the value of FATHA tokens surged, allowing the trader to make substantial profits.
On-chain data suggests that the wallet responsible for this trade might belong to a well-known trader, BT (@cooksassistant), who has successfully completed 60 trades in just three days. With a solid win rate of 42.37%, BT has accumulated a total profit of $2.7 million, further demonstrating the potential for significant gains in the highly volatile crypto market.
A new report from on-chain analytics platform Santiment has identified standout crypto projects that posted the largest gains across various performance metrics during June 2025.
The move follows the exchange’s routine asset evaluations, which are aimed at maintaining quality standards and user protection.
Sui (SUI) has gone up by nearly 4% in the past 24 hours and its performance is diverging from that of other altcoins after some interesting technical news. Popular trading accounts on X pointed out that Sui’s trading volumes in June surpassed those of well-established tokens like BNB Coin (BNB) and Hyperliquid (HYPER) by $7 […]
The U.S. Securities and Exchange Commission (SEC) has officially approved the conversion of the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), finalizing its transition from an over-the-counter product into a fully regulated ETF structure.