#Diamond hands 529x return#

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Overview

Recently, a "diamond-handed" investor purchased 40.81 million MLG tokens for 17 SOL (approximately $2.6 million) 9 months ago. They have since sold 33 million tokens and currently hold 7.51 million. Based on the price of the tokens sold and the estimated value of the tokens currently held, the investor is expected to make a profit of approximately $1.3 million, representing a return on investment of 529 times. This case has garnered widespread attention, highlighting the high-risk, high-reward nature of the cryptocurrency market and demonstrating once again the advantage of "diamond hands" amidst market fluctuations.

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Analysis

A "diamond hands" investor purchased 40.81 million MLG tokens for 17 SOL (approximately $2.6 million) nine months ago. They later sold 33 million tokens for $413,000 and still hold 7.51 million MLG, currently valued at approximately $962 million. The investor is estimated to have made a profit of around $1.3 million, with a return on investment of 529 times. This case highlights the high volatility and potential high returns of the cryptocurrency market but also reminds investors to invest cautiously and manage risks effectively.

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Holding MLG tokens can yield huge returns. This diamond hand has realized a return on investment of approximately 529 times.

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The diamond hand bought 40.81 million MLG tokens 9 months ago for 17 SOL (about $2.6 million) and sold 33 million tokens for $413,000. They still hold 7.51 million MLG.

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The diamond hand's investment strategy is to hold MLG tokens for the long term and profit by selling some of them.

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The value of MLG tokens has skyrocketed in the past 9 months, bringing investors significant returns.

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