The trader earned $1,300,000 in three days on the RefundCoin token

Airdrop hunter, crypto blogger Dami-Defi discovered a “whale” who managed to earn about $1,300,000 on investments in a new cryptocurrency in just three days. With his observations, he shared with microblog subscribers.

99% of the investor’s portfolio was the RefundCoin (RFD) cryptocurrency. On project website says that its author was a member of the crypto community Blurr.Eth. The latter is known, in many respects, thanks to the manipulation of the price of NFT #9998 from the collection of cryptopunks.

Let’s get back to the lucky investor. According to Dami-Defi, a user spent $16,300 to buy 13,567,175,828 RFD tokens on May 20. Here are the transaction hashes: 1 And 2. By May 23, the cryptocurrency in his portfolio rose to $1,327,042.

The blogger noted that to start the investigation, he needed to find a “whale” – 0x47ab348fb8919639cd8206ca06feaf8b32ffdf9f. This term refers to a member of the crypto community, which controls a large amount of cryptocurrency.

In “catching the whale”, the author of the thread used the tools of three platforms. Here’s what the schema looks like:

DEX Screener. On the platform, you can see the rate changes in new trading pairs. For example, DEX Screener offers to choose the coins that have shown the best results in 24 hours. In the cards of pairs with the most interesting activity, you can copy the address of the token.

Bubblemaps. The platform will be required to see more information about the cryptocurrency, the address that was copied to the DEX Screener. With the help of Bubblemaps, you can see the wallets of the largest and most active owners of a token that has grown significantly in price.

Zerion. On this site, you can view the activity for the wallet of interest. Information about the actions of its owner will help to understand its strategy.


Source: Cryptocurrency

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