A trader earned $3.67 million in just two hours by trading the ELIZA token. Analysts at Lookonchain highlighted the remarkable transaction.

Turned $1.9K into $3.67M in just 2 hours, a 1,925x return!

This trader spent 7.84 $SOL($1.9K) to buy 89.19M $ELIZA, then sold 49.49M $ELIZA for 7,091 $SOL($1.72M), leaving 39.7M $ELIZA($1.95M).

The trader is still actively selling $ELIZA!https://t.co/VkaR7VejBE pic.twitter.com/UTyqtX6Bos
— Lookonchain (@lookonchain) November 19, 2024

The trader spent 7.84 SOL (approximately $1,900) to purchase 89.19 million ELIZA tokens. A few hours later, as the token’s price surged, they sold 49.49 million ELIZA for 7,091 SOL (about $1.72 million). The trader still holds 39.7 million ELIZA, valued at approximately $1.95 million.

The profit amounted to an incredible 1925x return.

As of writing, the trader continues to actively sell their holdings.

In the comments on the tweet, the community speculated that the user might be an insider or a developer of the token.

Previously, Cryptol reported on another trader who turned $38,700 into $6.27 million by holding the MANTRA (OM) token for 18 months.