• 34ºc, Sunny

A trader made $2.86 million trading KEKIUS in 18 days and returned 1,700 times

According to Spot On Chain, a trader (possibly an insider) earned $2.86 million from KEKIUS in 18 days, generating a return of up to 1,700 times. Trader "0x3b7" spent 0.5 ETH ($1,963) to buy 35.58 million KEKIUS on December 14, 2024. The trader then sold: On December 16, 10.13 million were sold for 4.91 ETH (19,400 USD) - Sold 25.26 million for 843 ETH ($2.83 million) in the past two days during the 4,300% spike triggered by @elonmusk's X renaming to "Kekius Maximus". The last trade was before today's 75% plunge, when Elon Musk resumed the name change, netting the trader about 850 ETH (about $2.86 million).