#Smart money makes $160,000.#

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Overview

A trader dubbed "smart money" has caught the attention of the crypto community after generating a $160,000 profit from trading MVRS. The trader exchanged 250 SOL, worth approximately $50,000, for 2.392 million MVRS 26 days ago. The position is currently worth $164,000, representing a 3.2x unrealized profit. This trader is known for trading meme coins on Solana and previously made approximately $8 million from projects like MOODENG, OMOCHI, and PESTO. MVRS has surged 90% in the past hour and continues its upward trend before Trump's inauguration.

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Analysis

A trader dubbed "smart money" has recently generated $160,000 in profits by trading MVRS tokens, attracting attention from the cryptocurrency community. According to Spot On Chain monitoring, the trader acquired 2.392 million MVRS tokens 26 days ago in exchange for 250 SOL (approximately $50,000). Currently, the position is worth $164,000, signifying a 3.2x unrealized profit for the trader within a month. Notably, this trader is known for trading meme coins on Solana, previously reaping approximately $8 million in profits through trading tokens like MOODENG, OMOCHI, and PESTO. MVRS has surged by 90% in the past hour and continues its upward trajectory ahead of the Trump inauguration. This event once again underscores the volatility and high-risk, high-reward nature of the meme coin market, sparking discussions about "smart money" trading strategies and potential market manipulation.

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A smart money has made a huge profit from trading MVRS, gaining 3.2x returns in less than a month.

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The smart money, known for trading meme coins on Solana, has previously profited from projects like MOODENG, OMOCHI and PESTO, earning about $8 million.

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MVRS has surged by 90% in the past hour and continues to trend upwards ahead of Trump's inauguration.

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The smart money's trading strategy is worth noting and could offer guidance to other investors.

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