Following the market meltdown, investors profited $750,000 by purchasing ETH and PEPE.
BlockBeats reports that on August 16, cookislandstrust.eth sold the Ethereum he had purchased an hour earlier at the bottom of the August 5 crash, based on the monitoring of on-chain data analyst Ember.
He reportedly paid $7.05 million USDT for 2,978 ETH at an average price of US$2,367 following the August 5 fall. An hour ago, he sold them all for US$720,000, generating a profit.
He now has a total profit of US$750,000 (+7%) from the sale of all the ETH and PEPE that he purchased at the lowest point following the August 5 market decline.
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X : cryptomantr