On-chain data shows that the Ethereum trader has already transferred the tokens to another crypto wallet.
An Ether (ETH) trader who invested $8,300 in a frog-themed memecoin a month ago is now 750 times richer after the token’s price skyrocketed.
On April 11, the price of a memecoin called Apu Apustaja (APU) surged, sending its market capitalization to almost $200 million.
Blockchain analytics firm Lookonchain flagged a trader’s move to invest in APU a month before its recent price action.
