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Trader Turns $394 into Over $4.2 Million in GAS Token Investment

Blockchain analytics platform Lookonchain reports trader S2XVoy made a 1,065x return on GAS token trades, holding millions in value after partial liquidation.

Summary

Trader S2XVoy bought 12.6 million GAS tokens for $394, later selling 5.3 million for $988,000. They still hold 7.3 million GAS valued at $3.225 million. The total profit from these trades is $4.207 million, representing a 1,065x return on the initial investment, according to Lookonchain.

Terms & Concepts
  • GAS token: The native cryptocurrency used on the Neo blockchain to pay for transaction fees and smart contract execution.
  • 1,065x return: A profit multiple indicating that the investment's value increased 1,065 times from its original amount.