Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Impatient Whale Sold This Altcoin Early, Missed $10 Million in Profit in 8 Days!

Impatient Whale Sold This Altcoin Early, Missed $10 Million in Profit in 8 Days!

BitcoinsistemiBitcoinsistemi2024/10/23 18:18
By:Elif Azra Güven

According to Lookonchain's post, an investor was too early to sell his GOAT tokens and missed out on a $10 million profit.

Various memecoins continue to mark 2024 with their rise and the profits they provide to their investors.

At this point, many investors make huge profits while some incur huge losses.

According to Lookonchain's post, an investor was too early to sell his tokens and missed out on a $10 million profit.

Lookonchain noted that investor “stupidmoney.sol” may regret selling his GOAT tokens early.

Because this investor sold 15.15 million GOAT on October 16, turning the 5 SOL he spent to buy GOAT (worth about $727) into 15,883 SOL (worth about $2.44 million).

However, if stupidmoney.sol had not sold and kept the GOATs, his profit would have exceeded $10 million.

GOAT, a memecoin based on Solana (SOL), has gained 164.6% in the last week. It has gained 60.2% in the last 24 hours and is trading at $0.719 at the time of writing.

https://twitter.com/lookonchain/status/1849062096954122440

*This is not investment advice.

2
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Incubator MEETLabs launches large-scale 3D fishing blockchain game "DeFishing" today

As the first blockchain game on the GamingFi platform, a dual-token P2E system is implemented using the IDOL token and the platform token GFT.

ForesightNews2025/12/04 10:42
Incubator MEETLabs launches large-scale 3D fishing blockchain game "DeFishing" today

A History of Privacy Development in the Crypto Space

Privacy technologies in the crypto world have never truly broken free from the limitations of being "narrow" and "single-user."

深潮2025/12/04 10:25

Trading volume surpasses 410 millions, Sun Wukong's first phase "trade mining" report released, excess fee rebates ignite the market

Currently, the first phase of the Sun Wukong trading mining activity has entered its second half. The event will officially conclude at 20:00 (UTC+8) on December 6, 2025.

深潮2025/12/04 10:25
Trading volume surpasses 410 millions, Sun Wukong's first phase "trade mining" report released, excess fee rebates ignite the market
© 2025 Bitget