Cryptocurrency Q&A
How one trader made $2.4 million in 28 minutes?
How one trader made $2.4 million in 28 minutes?
BusanBeautyBlooming
Fri Mar 29 2024
|
7 answers
1331
How was it possible for one trader to make a staggering $2.4 million in just 28 minutes? Was it through some secret strategy or an inside tip? Was there a significant market fluctuation that favored this trader? Was it a lucky break or the result of years of meticulous planning and preparation? Was there a particular cryptocurrency involved, or was it a diversified portfolio? Was this trader a seasoned veteran or a newcomer to the crypto world? How can other traders learn from this remarkable feat and apply it to their own trading strategies? Is there anything we can learn from this trader's success story that can help us achieve similar results in the volatile world of cryptocurrency trading?
7 answers
Michele
Sun Mar 31 2024
This surge in stock price meant that the options, which were purchased at $0.35 each, had appreciation substantially.
Was this helpful?
256
53
KimonoGlitter
Sun Mar 31 2024
At the closing price, each option was worth approximately $8.50, resulting in a collective gain of over $2.4 million compared to their value 28 minutes earlier.
Was this helpful?
148
41
SejongWisdomSeeker
Sun Mar 31 2024
When the stock market reopened at approximately 3:40 pm, the value of the shares skyrocketed by 28%.
Was this helpful?
251
77
Moonshadow
Sun Mar 31 2024
Options traders, experienced in the nuances of the market, stated that such volatile and suspicious trades are not uncommon in their line of work.
Was this helpful?
390
61
Luigia
Sun Mar 31 2024
By the end of the trading day, the stock had closed at nearly $44.50, marking a significant increase.
Was this helpful?
95
55
Load 5 more related questions
