A Trader Has Made Over $1 Million Trading 88 Different Meme Coins in the Past 7 Days

On April 26th, as per the on-chain data analyst Embermonitor, the whale address that managed to make a profit of $732,000 within just half an hour by means of the Trump Banquet Plan message repurchased TRUMP seven hours ago. It is reported that this address utilized 5.732 million USDC to purchase 427,000 TRUMP at an entry price of $13.4. Out of the 5.732 million USDC, 5 million was the principal that he withdrew from Binance, and 732,000 was the profit from the previous day's transaction on TRUMP. BlockBeats had previously reported that after the Trump Banquet-related news was made public, the address had spent 5 million USDT to buy TRUMP. Subsequently, it liquidated 407,467 TRUMP at a total price of 5.73 million dollars, earning $731,800 in less than 30 minutes.

On April 26th, as per Coindesk, the Swiss National Bank has declined to hold Bitcoin reserves. The reason given is the concerns regarding the liquidity and volatility of the cryptocurrency market. Swiss National Bank President Martin Schlegel stated at the Friday central bank meeting: "For cryptocurrencies, although market liquidity may sometimes appear sufficient, it will naturally be questioned during a crisis. Cryptocurrencies are also renowned for their high volatility, which poses a risk to the long-term store of value. In a nutshell, it can be said that cryptocurrencies currently fail to meet the high requirements of our currency reserves."

On April 26th, as monitored by on-chain data analyst Yu Jin, a "whale that went long on WBTC through leverage borrowing" borrowed an additional 8.7 million USDT to acquire more WBTC. The address now holds a total of 400.9 WBTC (approximately $38 million), and the average cost is $89,881. Among them, 253.9 WBTC were purchased in the past 3 days through a leverage borrowing of 23.9 million USDT from Aave. Currently, the health factor of the address's leveraged position is 1.18, and the liquidation price is $80,545.

On April 26th, the U.S. stock-listed company DeFi Development Company (stock code: JNVR), which is also referred to as the "MicroStrategy of Solana", submitted a $1 billion shelf registration statement to the SEC on Friday. The so-called shelf registration (also known as delayed registration) enables companies to register new securities for issuance without the need for immediate full sale. The filing indicates that the company, which was renamed from Janover earlier this week, may issue various financial instruments such as common stock, preferred stock, warrants, debt securities, etc. "We may issue in one or more offerings, and the offering price and terms will be determined at the time of sale, with a total fundraising amount not exceeding $1 billion," the company stated in the filing. The specific timetable for this shelf offering is currently uncertain and awaits SEC approval. DeFi Development Company is one of the numerous publicly listed companies that have recently been focu

On April 26th, as monitored by Farside Investors, the net inflow of Fidelity FBTC yesterday was $108 million, and the net inflow of FETH was $35.9 million.

April 26: According to Farside Investors, the data from yesterday indicated a net outflow of $7.5 million in Grayscale GBTC. There was a net inflow of $19.9 million in Mini BTC. For EETH, there was no net flow. And there was a net inflow of $10.2 million in Mini ETH.