According to Arkham’s data, a cryptocurrency wallet has made a huge profit on the Solana network in recent months.
According to data shared by the cryptocurrency analysis company Arkham, investors are benefiting from the growth on the Solana network.
In particular, a trader named Onchainclown.sol has made an incredible profit 330 times their initial investment.
As the price of WIF increased, onchainclown.sol strategically sold some of their assets. They started selling 480,000 WIF and earned $166,000. Shortly after, when WIF’s market cap reached $400 million, onchainclown.sol continued to sell, adding $40,000 to their profit.
Not stopping there, Onchainclown.sol still held onto 900,000 WIF and continued to monitor. As WIF gradually approached $1, they immediately sold 200,000 WIF and earned an additional $300,000.
Currently, onchainclown.sol’s wallet contains 500,000 WIF tokens with a current value of $825,000. But that’s not all, by converting the profit into SOL, they have made an incredible amount of $1.39 million. Bringing their total profit to over $2 million.
