The post Crypto Trader Makes $17.6 Million with These Meme Coins – But Is It Insider Trading? appeared first on Coinpedia Fintech News
A Legendary crypto trader, identified as “LeBron,” has once again pulled off a massive win in the meme coin market. LeBron has now earned a total of $17.66 million across multiple tokens, with his most recent earnings of $4.56 million from trading LIBRA. However, some users have started to question whether these consistent wins are just sharp trading skills or insider trading.
LeBron’s Timeline Of Making $17.6 Million
LeBron has built a strong reputation for spotting profitable meme coin opportunities. He first made $8.9 million from trading MELANIA, and $3.2 million from TRUMP, when it was officially launched the day before President Trump’s Swearing ceremony.
A week ago, LeBron invested 25 SOL ($4,807) to buy 128.8 million HARRYBOLZ tokens. Later HARRYBOLZ meme token saw a massive surge after Elon Musk changed his profile name to Harry Bol. This move triggered a sharp price jump, pushing the token’s value to $0.025.
As the price spiked, he strategically sold 109.8 million tokens for 3,649 SOL ($737K). Even after taking profits, he still holds 18.97 million HARRYBOLZ, worth approximately $277K.
And this legendary trader didn’t stop here LeBron’s latest big win came from trading LIBRA token, adding $4.56 million to his profits. His ability to spot meme coin trends early and make quick moves has helped him stay ahead in the market.
A Strategy Move or Insider Trading?
LeBron’s ability to capitalize on viral market movements highlights the power of on-chain analysis and smart trading strategies. However, some X users are casting doubt on whether his success is purely skill-based.
His repeated early moves on tokens that later surge have led some to speculate whether he has insider knowledge or connections within certain projects.