An investor who trades masterfully on the Ethereum (ETH) network made $1.1 million in 10 hours.
According to the Twitter post of the on-chain data platform Lookonchain dated March 22, an investor earned $1.1 million in Ethereum network in 10 hours.
To be able to buy an altcoin called SBEE, the investor paid a transaction fee of 5,356 Ethereum and outperformed his competitors. The investor, who spent 11.34 ETH worth $37.8 thousand, bought 2.26 billion SBEE tokens.
Later on, the trader who became rich literally sold 2 billion SBEE for 257 Ethereum equivalent to $856 thousand and made a profit of $818 thousand.
At present, the investor has 265 million SBEE tokens and his unrealized profit is around $283 thousand.
According to CoinGecko data, Ethereum is currently trading at $3,365.