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Experienced Investors Focused on a Single Altcoin with Million Dollar Transactions! - Coin Bulletin
Despite its controversial launch and falling price, CULT is attracting attention with million-dollar transactions from experienced investors.
Despite a controversial launch and price drop in the cryptocurrency market, CULT (MiladyCult) continues to be an attractive option for some experienced investors. According to data provided by the blockchain analytics platform Spot On Chain, several high-profile investors have made notable purchases of CULT in recent days.
In the early hours of December 11, an investor using the pseudonym '0x572' bought 127.89 million CULT tokens, spending 207 Ethereum (approximately $754,000). The investor has already made an unrealized profit of 244% from MOG transactions and 187% from PEPE transactions, and is currently profiting $1.76 million in total.
In the last two days, an investor named 'blurr.eth' swapped 80,000 EIGEN (360,000 dollars) with 58.28 million CULT. This investor is known for making notable transactions in the past.
In 2021, blurr.eth, which made a name for itself by wash trading 9998 Punk NFT's for 124,000 Ethereum, earned 215 Ethereum (255,000 dollars) in the stETH depeg incident in 2022, and launched the ReFundCoinETH (RFD) project in 2023. Please provide the text to be translated. Despite the controversial launch process and volatile price movements, CULT token has regained attention with the moves of these two experienced investors. The crypto world is eagerly watching CULT's future performance.