Stop the fluctuations, hold onto your faith? A review of the craziest trades in history.

CN
1 year ago

As long as there is a vision, a single coin is worth 40 billion. Stop trading and believe in something.

Written by: @CroissantEth

Translated by: Alex Liu, Foresight News

I have compiled a brief list of the craziest / most profitable trades in cryptocurrency history:

@MustStopMurad & SPX

The newly emerged meme trading king @MustStopMurad shows that he purchased SPX between June 2 and August 16 of this year.

He spent a total of $387,000 to buy 35.69 million SPX, which is worth $23.57 million today, achieving approximately 61 times returns.

@blockgraze & WIF

Next is @blockgraze, who purchased $1,156 worth of WIF on November 24, 2023.

With just 20 SOL, he acquired 7.4 million WIF, which is worth $16.8 million today, achieving approximately 6401 times returns.

SHIB Whale

Then there is the infamous SHIB whale, who purchased $8,000 worth of SHIB in August 2020.

At its peak, the total value of these coins was $5.7 billion (about 40 billion RMB).

This diamond hand has not moved these tokens for over 782 days, achieving approximately 712,500 times returns.

@theunipcs & Bonk

Next is @theunipcs, also known as the "bonk Guy."

With a bit of faith and a lot of leverage, he made a daring bet on BONK.

His bet paid off, turning $16,000 into $18,000,000, achieving approximately 1125 times returns.

Luca Netz & Pudgy Penguin

In April 2022, Luca Netz purchased ownership of Pudgy Penguin for 750 ETH (about $2,500,000 at the time) and the rights to collect sales royalties.

After the previous owner was voted out, the new leadership made this investment extremely valuable.

$2,500,000 --> $196,593,576, approximately 78 times returns.

0x282 & Punk #2386

There was a trader who bought Punk #2386 with a small portion of its market value.

By targeting a now-defunct NFT Wrapping platform, he initiated an unnoticed NFT fragment acquisition, allowing him to buy punk #2386 for just 10 ETH.

Today, it is worth far more than 600 ETH, achieving over 60 times returns.

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