A trader bought about $3,540 of michi a month ago and currently earns a total of $1.88 million

Lookonchain monitoring shows that a trader spent 20 SOL (about $3,540) to buy 5.62 million michi on April 8. Just one day later, the token price increased by nearly 80 times. For most people, an 80-fold profit is enough to make them profit and exit the market, but the trader did not sell any michi. It wasn't until 7 days ago that they began selling michi, exchanging a total of 1.75 million michi for 3,570 SOL (about $538,000), leaving 3.87 million michi ($1.35 million). The trader made a total of $1.88 million on michi, with a profit of 533 times.