Stop the swings and hold on to your money? A look at the craziest trades in history

Written by: @CroissantEth Compiled by: Alex Liu, Foresight News

I compiled a short list of the craziest/most profitable trades in the history of cryptocurrency:

@MustStopMurad & SPX

The wallet of the new Meme King @MustStopMurad shows that he bought SPX between June 2 and August 16 this year.

He spent a total of $387,000 to buy 35.69 million SPX, which is worth $23.57 million today, realizing a return of about 61 times.

@blockgraze & WIF

Next is @blockgraze, who bought $1,156 of WIF on November 24, 2023.

With only 20 SOL, he obtained 7.4 million WIF, which is worth 16.8 million US dollars today, realizing a return of about 6401 times.

SHIB Whale

Then there is the famous SHIB whale, who bought $8,000 worth of SHIB in August 2020.

At its peak, the total value of these coins was $5.7 billion (about 40 billion yuan).

The diamond hand did not move these tokens for more than 782 days, and the profit was about 712,500 times.

@theunipcs & Bonk

Then there is @theunipcs, also known as "bonk guy".

With a little faith and a lot of leverage, he took a risky bet on BONK.

His bet paid off, turning $16,000 into $18,000,000, a return of about 1,125 times.

Luca Netz & Pudgy Penguin

In April 2022, Luca Netz purchased ownership of Pudgy Penguin and the right to collect sales royalties for 750 ETH (about $2,500,000 at the time).

After the previous owner was voted out and there was new leadership, this bet ended up being very valuable.

$2,500,000 --> $196,593,576, about a 78x gain.

0x282 & Punk #2386

One ​​trader bought Punk #2386 for a fraction of its market value.

By targeting a now-defunct NFT Wrapping platform, he launched an unnoticed acquisition of NFT fragments. This allowed him to buy punk #2386 for just 10 eth.

Today it is worth well over 600 ETH, a 60x gain.