"Individual Investor Gains 5614% Profit in Two Days with Vinecoin (VINE) Investment"

Photo = Lookonchain X Capture

An investor reportedly gained over 5614% profit in just two days by investing in Vinecoin (VINE).

On the 25th, blockchain data analysis company Lookonchain announced via X (formerly Twitter), "An investor purchased 14.64 million VINE for $70,000 two days ago and recently sold 9.96 million VINE for $2.36 million, realizing a profit. The investor is still holding the remaining 4.67 million VINE (approximately $1.73 million)." The investor made a total profit of $4 million from this investment, with a return rate of 5614%.

It is reported that the investor additionally purchased VINE on the same day. Lookonchain added, "The investor bought another 13.81 million VINE for $1.69 million from another wallet 9 hours ago, achieving an unrealized profit of $3.4 million in just 9 hours."

Previously, Binance listed Vinecoin perpetual futures the day before. Generally, the listing of futures contracts can stimulate investor expectations, potentially leading to an increase in coin prices.