A certain address traded GOAT and BILLY and made a profit of $3.291 million

By: blockbeats|2024/10/22 14:55:24

BlockBeats news, on October 17, according to Lookonchain monitoring, a certain address earned $2.88 million (+3360%) on GOAT and $411,000 (+226%) on BILLY.

6 days ago, the address spent 603 SOL (86,000 US dollars) to buy 10.7 million GOAT (up to $3.75 million), and sold 700,000 GOAT at a price of 1,453 SOL (222,000 US dollars) in the past 8 hours, leaving 10 million GOAT (2.74 million US dollars).

4 months ago, the address also spent $182,000 to buy 7.3 million BILLY, and sold them all at $593,000, earning $411,000 (+226%).

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

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