Here’s How A Trader Missed Out on $40 Million Profit
An anonymous trader missed a $40 million profit from a memecoin but recouped $440,000 through shrewd reinvestment.
On February 9th, 2025, an anonymous trader missed out on a $40 million profit after executing a swift trade on the newly launched memecoins $CAR.
Before the official X account announcement of Faustin-Archange Touadéra (@FA_Touadera) publicized the contract address for the CAR token, the trader inadvertently stumbled upon a significant opportunity.
Trader Missed Opportunity But Recoup Sizeable Profit
Initially, this individual executed a transaction purchasing a staggering 49.6 million CAR tokens for a relatively modest sum of 25 SOL, approximately $4,905 at the time of purchase. This represented an exceptionally low entry price, given the token’s subsequent price surge.
Notably, at its peak, this holding was worth over $40 million, demonstrating the potentially exponential returns available in the nascent cryptocurrency market. However, the story takes a dramatic turn.
Instead of holding onto this lucrative position, the individual inexplicably sold their entire holding for 30 SOL, approximately $5,957, realizing a minuscule fraction of the potential profit. The swift sell-off, driven by a likely combination of fear and perhaps a lack of understanding of the underlying asset’s potential, resulted in a significant missed opportunity.
Recognizing the magnitude of their mistake, the individual embarked on a second attempt to capitalize on the CAR token’s upward trajectory. This time, they invested a considerably larger sum of 139 SOL ($27,400) to reacquire 4.08 million CAR tokens. Moreover, this purchase, while representing a substantial investment, was a fraction of their initial holding.
Ultimately, this second foray proved more successful. The individual managed to sell their reduced holding for 2,358 SOL, approximately $467,400. This resulted in a net profit of roughly $440,000, significantly less than the potential profit initially missed but still representing a considerable return on their subsequent investment.
Trader Gain Massive Profit from $CAR
In contrast, this trader successfully transformed an initial investment of $5,000 into over $12 million within a timeframe of less than three hours, representing an astounding 2450x return on investment.
The trader in question leveraged the launch of a new cryptocurrency, $CAR, associated with a prominent figure, @FA_Touadera. Within a single second of the contract address being publicly posted, the trader executed a swift and decisive trade. Using 25 SOL (approximately $5,000 at the time), they acquired a substantial quantity of $CAR – precisely 46.57 million tokens.
The trader promptly sold approximately half their holdings – 22.65 million $CAR tokens – for 8,395 SOL (approximately $1.67 million). The remaining 23.92 million $CAR tokens held at the time of this analysis represent a further estimated value of $10.5 million, bringing the total profit to well over $12 million.
