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Market News

How a Trader made $3.67 Million from $1.9K investment in ELIZA 

Written By:
Dishita Malvania

Reviewed By:
Dhara Chavda

Last updated: November 19, 2024 4:46 PM
Published November 19, 2024 3:40 PM
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Last updated: November 19, 2024 4:46 PM
Published November 19, 2024 3:40 PM
1,925x Return: Trader's $1.9K Skyrockets to $3.67M

A savvy trader transformed a modest $1.9K investment into a jaw-dropping $3.67 million in just two hours, achieving a staggering 1,925x return in $ELIZA.

As reported by Lookonchain, the trader purchased 89.19 million $ELIZA tokens for 7.84 $SOL, worth $1,900. Within hours, they strategically sold 49.49 million $ELIZA for 7,091 $SOL, equivalent to $1.72 million.

Trader turns millions in 2 hours
Source: Twitter

The remaining 39.7 million $ELIZA are currently valued at $1.95 million, bringing their total gains to an eye-watering $3.67 million.

The trader continues to sell off their $ELIZA holdings, demonstrating precision in timing and market knowledge. This remarkable feat showcases the volatile yet lucrative nature of cryptocurrency trading, where fortunes can be made—or lost—in the blink of an eye.  

Also Read: Germany Missed $1.7 Billion Profit by Selling 50,000 Bitcoin

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
Follow:
Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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