Stop trading, hold your coins with faith? Reviewing the most insane trades in history
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Stop trading, hold your coins with faith? Reviewing the most insane trades in history
As long as there's vision, a single coin can reach 40 billion. Stop trading and believe in something.
Navigating Web3 tides with focused insightsAuthor: @CroissantEth
Translation: Alex Liu, Foresight News
I’ve compiled a short list of the craziest / most profitable trades in crypto history:
@MustStopMurad & SPX
New meme coin promoter king @MustStopMurad's wallet shows he bought SPX between June 2 and August 16 this year.
He spent a total of $387,000 to buy 35.69 million SPX, now worth $23.57 million—achieving approximately 61x returns.
@blockgraze & WIF
Next is @blockgraze, who purchased $1,156 worth of WIF on November 24, 2023.
With just 20 SOL, he acquired 7.4 million WIF, now worth $16.8 million—achieving approximately 6,401x returns.
SHIB Whale
Then comes the legendary SHIB whale, who bought $8,000 worth of SHIB in August 2020.
At its peak, these tokens were worth $5.7 billion (approximately 40 billion RMB).
This diamond-handed investor held these tokens for over 782 days without moving them, achieving roughly 712,500x returns.
@theunipcs & Bonk
Next is @theunipcs, also known as the "Bonk Guy".
With a bit of conviction and heavy leverage, he made a bold bet on BONK.
The gamble paid off—turning $16,000 into $18,000,000, achieving approximately 1,125x returns.
Luca Netz & Pudgy Penguin
In April 2022, Luca Netz purchased ownership of Pudgy Penguins along with rights to collect royalties from sales for 750 ETH (then worth about $2,500,000).
After the previous owner was voted out and new leadership took over, this bet turned extremely valuable.
$2,500,000 → $196,593,576, achieving approximately 78x returns.
0x282 & Punk #2386
A trader acquired Punk #2386 for a fraction of its market value.
By targeting a now-defunct NFT wrapping platform, he quietly acquired fragmented ownership of the NFT, allowing him to obtain Punk #2386 for just 10 ETH.
Today, it's worth well over 600 ETH—achieving over 60x returns.
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@CroissantEth
