Lucky Crypto Trader Makes Over $35 Million with 9,000% Profit in Under a Year
21.11.2024 18:00 1 min. read Kosta Gushterov
Over the past decade and a half, the crypto trading industry has witnessed remarkable growth, evolving into a market with daily trading volumes in the hundreds of billions.
Among the countless trading stories, some shine brighter due to their extraordinary outcomes.
One such tale involves a trader who transformed an initial investment of $378,000 into an astonishing $35.2 million in just 11 months, highlighting the immense potential within the crypto market.
The crypto market has experienced a significant rally over the past two weeks, driving several cryptocurrencies to new highs.
This surge coincides with renewed investor optimism following Donald Trump’s electoral victory and Bitcoin reaching an all-time high of over $98,000.
Amid this optimism, a savvy crypto trader capitalized on the momentum, amassing a fortune through strategic trading in OM, a prominent cryptocurrency. According to Lookonchain, the trader purchased 9.33 million OM tokens across three wallets at an average price of $0.04 each.
By holding these tokens for 11 months, the trader saw their value soar. Recently, they deposited 4 million OM on Binance while retaining 5.33 million OM, currently valued at $19.86 million. Together, these holdings amount to a total worth of $35.2 million, showcasing the incredible opportunities the crypto market offers.
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