0.1ETH becomes 840,000 USD. How can smart money get rich overnight through Base?

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MetaEra
a day ago
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The initial investment was $100, and this wallet achieved a maximum profit of 912,803%.

On March 25 this year, mopzy.eth received 0.026ETH, worth $93.35, from a now-defunct wallet, kicking off this wallet's 100x journey in the Base ecosystem.

800,000 in 8 months, how did mopzy.eth seize the opportunity?

Looking back to the end of March this year, it was the peak of the phased high tide in the market sentiment after the approval of the Bitcoin ETF, but also the beginning of the real rise of the Base ecosystem.

The mopzy.eth address did not participate in the DEGEN transactions born in the Farcaster craze. On March 28, mopzy.eth purchased $105 worth of HIGHER.

Higher was a popular Chanel on Farcaster, which was launched on March 10, and with the Farcaster concept coin craze sparked by Degen, the market cap of HIGHER once exceeded $100 million at the end of March.

However, mopzy.eth repeatedly bought and sold in a short period of time and did not make any money on HIGHER.

On March 29, mopzy.eth bought $142 worth of Sendit.

The next day, his first money-making opportunity arrived - the meme coin mfer issued by the founder of mfers NFT.

mfer reached a market cap of $300 million on the deployment night, and mopzy.eth exchanged all his Sendit for 3,804 mfer, making a profit of $655 in the end.

Until mid-June, mopzy.eth was trading among Base ecosystem meme coins such as HIGHER, DEGEN, doginme, and mfer, not frequently and all in small amounts, with the total amount of the wallet maintained at around $1,000. He also made a few hundred dollars from Purp and NOUNS.

On June 14, mopzy.eth once bought 0.1ETH of terminal at the opening, and thanks to this transaction, his wallet had $50,000 in a few days.

After selling terminal, mopzy.eth did not have any particularly outstanding operations for the next few months, just occasionally buying HIGHER.

On September 13, mopzy.eth also bought Moodeng or EDOGE, meme coins on the mainnet, and also tried many new meme assets on the Base chain, but none of them brought too much to the wallet.

On October 22, mopzy.eth bought 8 pieces of LUNA and one piece of VIRTUAL, and in the following days mopzy.eth was immersed in the world of chasing Virtual's internal market. On October 29, his wallet reached another high point of $78,000.

The turning point happened on Farcaster.

On November 9, mopzy.eth bought 0.1ETH worth of CLANKER, less than two hours after it opened.

Related reading: Interpreting Clanker: The Multimillion-Dollar MEME Factory on Base

In the following hours, mopzy.eth continued to buy CLANKER and also bought the token LUM issued jointly by the Clanker and Higher Agents.

Three hours later, mopzy.eth sold 2,500 CLANKER.

By November 10, 0.1ETH could only buy 139 CLANKER, and at this point mopzy.eth's wallet had a total of 4,485.5 CLANKER.

On November 14, mopzy.eth also bought 0.1ETH of ANON, which ultimately brought him a return of over 25 ETH.

Related reading: Vitalik, Jesse Buy In Succession, What's the Story Behind Base Ecosystem's ANON?

In the following two days, mopzy.eth also bought 3 ETH of CLANKER in succession, a total of 1,196 pieces, and at this point mopzy.eth's wallet had a total of 5,681.53 CLANKER.

On November 22, the price of CLANKER soared to $35, and mopzy.eth sold 250 CLANKER. Until November 27, when CLANKER rose to $40, $60, $70 and up to $100, mopzy.eth sold a total of 1,682 CLANKER during this period.

mopzy.eth's wallet total also reached a new high of $849,000 on November 28 when the CLANKER price broke through $140.

Beyond the wallet, who is mopzy.eth?

It can be seen that the owner of the mopzy.eth address is a player deeply involved in the Base ecosystem, discovering and entering many projects in a timely manner, and getting early low-cost chips is the fundamental reason for his "getting rich".

Searching for mopzy.eth on Warpcast, the result is wijuwiju.eth, an early contributor to the interface.

Remember the wallet that initially sent 0.1 ETH to mopzy.eth? It had previously received a transfer from wijuwiju.eth.

And mopzy.eth had also directly received a 0.1 ETH transfer from wijuwiju.eth.

A small side note is that wijuwiju.eth had previously stated that he had bought a large amount of tokens at the terminal opening, but had never sold them, and now chose to donate 5,000,000 tokens back to the team.

Remember the second time the mopzy.eth wallet's value skyrocketed? It was because he got a large amount of low-priced terminal chips, and the mopzy.eth wallet address was only four minutes later than wijuwiju.eth.

Looking at the operations of the mopzy.eth wallet over the past ten months, it can be seen that he did not have any unconventional operations, and the most he did was actively try and participate in new things in the ecosystem, never knowing which one would hit the jackpot.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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