DeFi News Today Official TheBitTimes.com

An anonymous cryptocurrency trader has turned nearly $55,000 into $1 million with the memecoin Kekius Maximus (KEKIUS). This happened as Elon Musk changed his personal X account’s name to Kekius Maximus, pumping the memecoin, benefiting early buyers. The anonymous trader uses the wallet address 0x33a57f4e88c9ceb0788eb41a407e51533d70cc4d, as spotted by Spot On Chain this Tuesday morning. According to the onchain analyst, the trader ‘0x33A’ bought 8.448 million KEKIUS with 16 ETH, then worth $54,800. These purchases happened between December 19 and stopped approximately 18 hours before Elon Musk’s activity that would change everything. Notably, Musk changed his personal account name to Kekius Maximum just three hours before Spot On Chain ’s post. Picks for you Analyst sets Dogecoin (DOGE) price roadmap to $1.50 by Q1 2025 ...

An anonymous smart trader printed over $3 million in profits twice, trading two different cryptocurrencies this month. While an analyst praised this address as the “smartest trader [he had] seen recently,” commentators speculate on being an insider. Essentially, a smart trader is an entity capable of making good trading decisions and accumulating gains instead of losses. Its definition relates to “smart money,” currently used to indicate financial professionals but previously related to positive gambling track records. The smart trader used the Solana (SOL) address ‘ Aw1rq9VSY5SJisufnfmDJ6jAwJNx768EXypU15k8iVoW ‘ and profitably traded two meme coins on Raydium. According to a Lookonchain post , it was “the smartest trader [they] have seen recently,” making over $6 million in profits. Picks for you ...