SOL - This Crypto Trader Made Over $800K In Profits After Binance Announced Listing Solana's Meme Coin BONK | Benzinga
Binance’s announcement to list Solana's (CRYPTO: SOL) BONK (CRYPTO: BONK) has sent its value soaring, surpassing the $0.000029 mark – recording a 950% surge within a month.
What Happened: Amidst this rise,on-chain data spotted by Lookonchain shows one trader cashing out 52.3 billion BONK at approximately $927,000, securing a profit near $784,000.
Lookonchain reported that this investor had previously acquired 69 billion BONK, at roughly $0.0000021 per token, and actively staked these holdings from October 30 to November 29.
BONK rose 84% in just 24 hours. In a broader context, ...