Trader earns $23M flipping Solana memecoins

Bonk buys and sells from the crypto wallet called paulo sol

The trader received a $6.28 million payday trading BONK, $9.51 million trading WIF and $7.04 million with BODEN. A memecoin trader cashed out millions in profits from several positions on meme-themed tokens in Solana. On April 26, blockchain analysis firm Lookonchain flagged the movements of a trader with the Solana Name Service account called “paulo.sol.” The crypto wallet realized profits on meme tokens like Dogwifhat (WIF), Jeo Boden (BODEN) and Bonk (BONK). The trader got into BONK as early as Nov. 11, 2023. The user noticed that the memecoin was…

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