Crypto Trader Scores $1.25 Million Profit in Minutes

A cryptocurrency trader managed to turn a high-risk investment into a massive 75x profit by seizing an early opportunity in Hive AI (BUZZ).

The trade, executed on the Solana-based decentralized exchange Raydium, involved acquiring a significant portion of BUZZ tokens just after its launch.

The trader purchased 268.12 million BUZZ tokens, representing nearly 27% of the token’s liquidity pool, by paying a premium fee of 49 SOL (about $10,000) to prioritize their transaction. Within eight minutes, they sold their holdings for 6,090 SOL, earning a net profit of approximately $1.25 million. While impressive, the speed and precision of this trade have sparked speculation about potential insider knowledge.

The trader’s ability to secure such a large share of liquidity and the unusually high transaction fee raised eyebrows. The swift exit, perfectly timed before any market corrections, has led some to question whether the trade was purely opportunistic or if it relied on advance information about the token’s launch dynamics.

BUZZ, launched in late December 2024, aims to simplify decentralized finance (DeFi) by using AI agents to automate tasks and improve user accessibility. The project has garnered significant attention, with its development team announcing plans to allow users to create on-chain AI agents with natural language prompts. However, its rapid growth has also drawn criticism, with some labeling it as a potential scam or exaggerated project.