Data: A trader held on after BAN plummeted by 90% and ultimately made a profit of over 900,000 USD

2024-10-27 14:02:38
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ChainCatcher news, according to Lookonchain monitoring, a trader turned $1,795 into $929,000 in just 2 days by trading the meme token BAN, achieving a return of 490 times. Instead of panicking and immediately selling all his chips during the downturn, he gradually sold portions after each rise to avoid missing the rebound.

The trader initially spent 10.2 SOL ($1,795) to purchase 36.27 million BAN. During the first surge, he sold 12 million BAN for a value of $56,900. Soon after, BAN plummeted nearly 90%, but the trader patiently waited, and eventually, BAN surged again. After each rise, he sold a portion, totaling 6.13 million BAN for a value of $80,700, and currently still holds 18.13 million BAN ($872,000).

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