This lucky crypto trader made more than 100 million dollars on the Trump meme coin

When Donald Trump launched his own meme coin on Friday, a lot of people made a lot of money quickly — but there's at least one trader who bet faster than most and won.

It was four hours before Trump made the shocking announcement that he had launched his own Solana TRUMP on Friday. Same cornerAn anonymous user filled a brand new crypto wallet (with “”6QSc2“) At SOL over $1 million, and then placed on hold.

Within thirty seconds of the Truth meme coin's announcement on Truth Social Friday night, wallets purchased more than 5.9 million TRUMP tokens, emptying the entire $1 million clip. Within hours, those tokens were worth more than $116 million.

According to an analysis by the chain research firm, the trader divided their massive amount of TRUMP tokens into 10 different Solana wallets and started selling the majority of them the next day. Bubble maps. Monday morning the dealer had it. It was sold for 85 million dollars TRUMP's worth and still sits at another $75 million, according to Bubblemaps. Currently, blockchain data shows that the wallets combined hold only $18 million worth of meme coins, and the trader is believed to have sold most of the stock.

The story does not end there. On Sunday, First Lady Melania Trump followed her husband's lead and minted her own meme coin — and our lucky merchant was at it again. One of the wallets connected to the user bought a large amount of MELANIA tokens within a minute and a half of the first lady posting about it on Truth Social and a minute before any information about the token was posted. X.

The businessman sold $45 million worth of TRUMP to buy a giant Melania bag, causing the TRUMP token to crash. About 50% As he explained in minutes on Sunday afternoon Bubble maps.

Stories abound of many early buyers of TRUMP tokens making handsome profits on X, raising suspicions of widespread insider trading. Decrypt No insider could confirm that information was actually shared, but a collection of linked wallets from “6QSc2” A bill that scores big is enough to raise eyebrows.

This is true considering that this trader placed an unusually large buy order before most crypto users took the news and realized it was not the result of an elaborate hack.

But it is possible for this trader to be in the right place at the right time with a fresh wallet locked and loaded and make the right call. The transaction history of the connected wallets indicates that this is a user who buys and sells a lot meme coins — and has done for at least the last three months. This merchant even snatched some of the coins from Hawk Tuh's daughter, Mem, during his brutal launch.

is it. as well But this could be someone who is very connected and has been told that the Trump meme coin is coming. And if insider information was at play, the leak might not necessarily have come from Trump's inner circle or crypto team.

Several of Solana's decentralized finance projects, such as Jupiter, Meteora, and Moonshot, revealed that they have already worked with the TRUMP token team over the weekend to ensure a smooth launch.

The signal caused an unprecedented level of activity on the Solana network, and many people had to work together to ensure that the infrastructure was up. However, it is not clear how many employees in these projects had personal knowledge of the coin scheme beforehand, and there is currently no evidence of wrongdoing from any supplier.

At least one high-profile crypto personality, however, appeared to openly brag about receiving inside information ahead of Melania's token launch. Ran Nooner, founder and CEO of blockchain investment fund OnChain Capital, once seemed to believe as much. Post Trump, in his opinion, is now “angry at the expense of the crypto community,” he reported to X on Monday.

“Don't get me wrong,” Nunner wrote. “According to my schedule, I[e]About Melania's way before it started and clearly profited.

In fact, 90 minutes before the First Lady posted her first announcement about Truth Social, Neuner posted the token. Posted Officially about the soon to be launched MELANIA token.

Decrypt Neuner was contacted about the post and did not receive a response.

The Trump token is 8% on Tuesday, to $43.94 Writing. The token still has a fully buried value of over $43 billion. Melania, on the other hand, was disappointed. About 24% In writing that day to $4.60 and a fully discounted value of $4.6 billion.