A mysterious trader, Solana (SOL) pocketed millions of dollars through various transactions in memecoins in the ecosystem.

On April 26, blockchain analytics firm Lookonchain, “paulo.sol” shared the transactions of a trader with a Solana Name Service account. Memecoin trader; Dogwifhat (WIF), Jeo Boden (BODEN) and Bonk (BONK) made a huge profit on memecoins like memecoins.

Memecoins in Solana continue to make a name for themselves!

The mystery trader traded in BONK on November 11, 2023. The wallet made some surprising trades, buying at low levels and selling at high levels in the following periods. The trader earned approximately $6.28 million from BONK trades.

Paulo.sol turned to WIF and BODEN after investing in BONK. The trader did not rush the memecoins’ debut. The mystery person started investing when the market started moving up. Paulo.sol started trading WIF on December 4, 2023 and BODEN on March 6. The trader made a profit of $9.51 million on WIF trades and $7.04 million on BODEN.

In total, the Solana ecosystem’s most curious user made over $22.83 million in profits from his trades. Even though the anonymous investor has made millions in profits, he still holds $7.6 million worth of BODEN and $5.7 million worth of WIF. In addition to these memecoins, he also started investing in other memecoins. Crypto wallet Pup (PUPS) and Popcat (POPCAT) to buy tokens called tokens.

Paulo has become the largest investor of projects in Solana, spending $1.77 million for POPCAT and nearly $6 million for PUPS, with community members praising the investor for his impressive trades. One X user said that Paulo was not lucky, but that he was one of the “more faith” that he has.