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Anonymous trader turns $368 into $2 million in three days

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An anonymous cryptocurrency trader turned a $368 initial purchase into $2 million of unrealized gains in just three days. Commentators on X speculate on a possible insider trading activity, although nothing is confirmed. In particular, the trade occurred with the meme coin HIPPO on the Sui network against its native token, SUI. According to a Lookonchain report on October 2, the “guy” made approximately $2 million in three days. First, on September 28, the anonymous trader spent $368 worth of 198 SUI to buy 253.5 million of HIPPO. The “guy” then sold 119.6 million HIPPO for $325,000 worth of 175,000 SUI, partially realizing his gains. Picks for you Here is how much the value of X has fallen since Elon Musk bought it 1 hour ago ...