Q token’s reported 262% daily surge brought a trader who had positioned primarily for a rise in the altcoin’s price on Aster DEX gains of $963,000.
In a post dated October 27, on-chain data platform Lookonchain drew attention to Q’s sharp rally and the trades made by the trader with the address 0xF1fE, who profited from it. At the time of the post, the token’s intraday gain was reported at 262%.
Most of the Gains Came From Long Positions in Q
The trader’s total gains on Aster DEX were reported at $963,000, with long positions in Q accounting for most of that amount. Opened in anticipation of a price increase, these positions brought the investor gains of nearly $1 million amid the altcoin’s strong move.
Lookonchain also included a link to Aster DEX’s transaction explorer in its post so the trades could be reviewed.
Not investment advice.