Trader Profits $166,000 After Buying and Selling DEFROGS

trader 2024-02-08 93

As reported by Foresight News, a trader recently invested in the decentralized finance (DeFi) space by purchasing 100 DEFROGS tokens for 0.08 ETH, with an estimated value of $190. However, the transaction was accompanied by significant gas fees of 0.178 ETH, costing approximately $423. Despite this initial investment, the trader managed to capitalize on the volatile market by selling 60 DEFROGS tokens for an impressive 27.8 ETH, equivalent to a staggering $67,000. This successful trade resulted in a total profit of approximately $166,000, highlighting the potential for substantial gains in the DeFi market.

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