According to Lookonchain, trader E4Rued executed a high-profile trade by withdrawing approximately $10K from Binance 28 days ago to invest in $LAUNCHCOIN before its price surge. E4Rued subsequently sold all holdings for $3.46M, realizing a profit of $3.45M, and deposited the funds back into Binance. This significant profit-taking event highlights the potential for sharp price volatility and whale-driven moves in newly launched tokens, signaling increased risk and opportunity for active traders watching on-chain movements (source: Lookonchain, May 21, 2025).

According to Lookonchain, trader E4Rued executed a high-impact trade by withdrawing approximately $10,000 from Binance 28 days ago to purchase $LAUNCHCOIN before its price surge. E4Rued then sold all holdings for $3.46 million and deposited the funds back into Binance, securing a total profit of $3.45 million. This substantial profit-taking event demonstrates the potential for extreme volatility and opportunity in new token launches, highlighting the importance of monitoring on-chain activity for trading signals in the crypto market (source: Lookonchain, May 21, 2025).

According to Lookonchain, a major whale created a new wallet five days ago, withdrew 3.24 million USDC from Kraken, and executed significant buys by acquiring 5.35 million LAUNCHCOIN ($1.33 million) and 1.39 million Fartcoin ($1.86 million). These large-scale purchases indicate strong bullish sentiment and could trigger volatility and increased liquidity in LAUNCHCOIN and Fartcoin trading pairs. Traders should closely monitor these tokens for potential price swings and heightened market activity, as whale movements often precede impactful short-term trends. (Source: Lookonchain, May 21, 2025)