Starting on July 30, one cryptocurrency trader managed a maneuver many involved with digital assets hope they’ll execute during their careers by multiplying an $875 investment into roughly $797,000 in profit.
Specifically, an anonymous actor identified as 0xd2abcef40a51c779c2a890dd40f041ab995ed3af on DeBank began purchasing MarsCoin (MARSCOIN) – not to be confused with Marscoin (MARS) – on the penultimate day of the month shortly before an explosive rally.
Indeed, the investor spent $875 to buy just under 27 million MARS on July 30 and then sold slightly more than half – 15.87 million – for $314,000 after the subsequent upsurge began. Together with the unrealized gains from the MarsCoin still held, the trader is up a total of $797,000.
MarsCoin cryptocurrency price performance
Meanwhile, the cryptocurrency’s history dates back only a handful of days – to July 28 – when its charts begin with prices close to $0.004. MarsCoin’s fortunes changed shortly there
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