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Trader Bought STONK at a $1M Market Cap and Walked Away With $320K Profit

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: A memecoin trader known as loshmi says he closed every position on Sept. 13 with $327,436 in realized profit, led by STONK, a token he began buying near a $1 million market cap. Where the Conviction Came From Loshmi, who has about 54,000 followers on X, laid out the trade in a long post on […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Single trader's profit from a micro-cap meme coin has no significant market impact.

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Trader Bought STONK at a $1M Market Cap and Walked Away With $320K Profit — Crypto Insight