According to on-chain analytics platform Lookonchain (@lookonchain), a sniper address spent only 900 USDC to buy 2,268.56 $LAPTOP at an average price of $0.40, then sold all tokens at an average price of $111, cashing out 251,270 USDC for a profit exceeding $250,000 and a return on investment of 278x.
Sneak Trader buys $LAPTOP for $900, sells for $250,000 at 278x return
TechFlowShare
Summary
A sniper address purchased 2,268.56 $LAPTOP tokens for 900 USDC at $0.40 each, using technical analysis for crypto. The trade followed sharp price movement, with the tokens later sold at $111 each. The sale generated 251,270 USDC, yielding a profit of over $250,000 and a 278x return. Price action traders identified the rapid move as a key play.
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