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

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Minseung Kang
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  • An investor reportedly gained 5614% profit in two days by investing in Vinecoin (VINE).
  • The investor purchased 14.64 million VINE and sold it for $2.36 million, realizing a profit.
  • The listing of Vinecoin perpetual futures could potentially lead to an increase in coin prices.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Photo = Lookonchain X CapturePhoto = 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.

VINE
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Minseung KangholderBadgeholderBadge dark

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.