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Time Details
2025-01-23
09:38
Investor Sells All $MELANIA for $42.7M Profit, Achieving 62x Return

According to Lookonchain, an investor has liquidated their entire $MELANIA holdings, realizing a total profit of $42.7 million, which equates to a 62x return on investment. The trader initially purchased 5.2 million $MELANIA tokens at a price of $0.13 using 2,500 $SOL (equivalent to $688,000). The tokens were sold at an average price of $8.34, generating $43.4 million in total sales. This transaction highlights significant trading gains and market movement within the $MELANIA token, which could influence trading strategies and market perceptions.

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