“Crypto Nova” account on twitter who works in the field of on-chain data analysis and investigation of whale activity, recently found the address of an ordinary trader who became a cryptocurrency whale within 5 months. Named after part of its address, “0x743”, the wallet has recorded a total of 10,000% realized gains since January of this year (Dec 1401).
According to CryptoPotito, Nova says that this success is not due to luck, but the result of 0x743’s correct strategies, and as it can be seen, he has managed every profit or loss well during this time.
According to Nova, 0x743 stands out from other similar addresses because the profits from investments in this wallet are realized; That is, 0x743 has sold its assets after the price growth and saved profits.
Nova says about 0x743:
There are many whales in the market, but not all of them are necessarily good traders. A rich person can fill their portfolio with money and still be a terrible trader. Address 0x743 is not like this kind of whales. It is even more strange that he started his work this year.
A closer examination of the activities of this address shows that he never kept a large amount of a currency for a long period of time and did not make reckless purchases. Nova says that 0x743 handled his trading losses well and did not insist on his trades, thus demonstrating his discipline and proper trading behavior.
The 0x743 portfolio is currently worth $663,264 and has dropped somewhat from the past few days. In fact, most of these assets are the result of previous transactions of this address.
Nova says that 0x743 was able to make a profit of $400,000 in 4 days by buying $35,000 of RefundCoin. Last month, he managed to pocket a profit of several hundred thousand dollars by buying Wojak for $10,000.
During the crazy price growth of Pepe, he had managed to register a profit of several hundred thousand dollars and 3,000% with a total of 8,000 dollars.
Address 0x743 has never lost more than a few thousand dollars during this period, and his biggest trading loss is $12,000 for buying and selling a token called Ribbit.
It is true that 0x743 has paid special attention to memecoins in its trading, but be aware that playing with memecoins can be very risky, and many less experienced traders suffer heavy losses from trading these assets.
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