A trader, identified by the wallet address “TAMrp…u2Gpn,” managed to turn a modest investment of $1,200 into a staggering $10 million in just three days. The remarkable growth was driven by strategic purchases of the TRON BULL token, highlighting a high-risk, high-reward scenario in the volatile world of cryptocurrency.
Purchases on SunPump and SunSwap
The trader made his initial move on August 22, 2024, by purchasing $780 worth of TRON BULL tokens on SunPump. This transaction involved 4,999.86 TRX, equivalent to $799.91 at the time, sent to the LaunchPadProxy (TTfvy) address. As a result, the trader acquired 33.06 million BULL tokens. The purchase marked one of the earliest investments in TRON BULL, which likely contributed to the significant appreciation in value that followed.
Tron Removes 12,000 BTC from USDD Collateral Without VoteFollowing the initial transaction, the trader further increased his position in TRON BULL by purchasing an additional $390 worth of tokens once it reached SunSwap. This second transaction, also conducted on August 22, 2024, involved 2,500 TRX, equivalent to $399.65, sent to the SunPumpRouter (TZFs5) address. The purchase at a higher price point indicated the trader’s confidence in the token’s upward trajectory, further solidifying his position in BULL.
Portfolio Soars, Then Retracts
Within a mere three days, the trader’s BULL holdings skyrocketed to a peak value exceeding $10 million. However, the volatile nature of the market soon became apparent. The portfolio’s value, which is now approximately $4.02 million, reflects a significant drop from its peak, with a loss of $1.36 million.
The trader currently holds 33.06 million units of BULL, valued at $4.02 million, with the token price at $0.12 at press time, down $0.04. Additionally, the trader’s holdings include 12.77k TRX, valued at $2.06K, showing a no increase at the price of $0.16.
