Odaily Planet Daily reports, according to Lookonchain monitoring, trader @hexiecs made a profit of $305,000 today through fone trades, achieving a 23x return. They purchased 11.81 million fone tokens at a market cap of $1.1 million using 13,000 USDC, then sold 1 million fone tokens to receive 12.8 SOL, worth $1,290. They currently hold 10.81 million fone tokens, valued at $317,000.
Trader Earns $305,000 from FONE Transactions with a 23x Return
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Summary
A trader known as 'Stay Calm, Stay Calm, Stay Calm@hexiecs' earned $305,000 from FONE transactions with a 23x return in the crypto market. The trader purchased 11.81 million FONE tokens using 13,000 USDC when FONE’s market cap was $1.1 million. After selling 1 million FONE for 12.8 SOL ($1,290), the trader still holds 10.81 million FONE valued at $317,000. This move illustrates how traders are leveraging the current Fear & Greed Index to capitalize on volatile assets.
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