The trader earned almost $2 million on the AIUS token in 12 hours.
According to Lookonchain, the trader managed to earn approximately 2 million dollars in 12 hours on the AIUS token. Analysts clarified that he used the Arbius coin for trading.
This refers to the cryptocurrency of the promising project of the same name, which is creating decentralized AI models. The platform is built on Arbitrum's tech solutions. In the trading community, the trader has been nicknamed the lucky one. He bought the cryptocurrency amid the launch of trading for the token on February 14.
Experts believe that he did not even imagine that within a few hours, the coin could rise in price by almost 900%. The trader carefully monitored the situation when AIUS went into correction; he spent over 60 Ethereum worth approximately 165,000 dollars and acquired nearly 7,000 AIUS. The trader paid miners about 95,000 dollars in ETH. Against the backdrop of AIUS's growth, he managed to sell over 6,000 Arbius tokens for nearly 1.6 million dollars. The total realized profit amounted to over 1.4 million dollars, and the trader was left with AIUS worth more than 600,000 dollars.