How One Trader Turned $25 Into Millions Betting on Shitcoins

The Setup

While most retail traders are busy analyzing charts, one anonymous wallet operator just pulled off something wild: $2M in realized profits over 24 months by trading 3,000+ micro-cap tokens. And we have the on-chain receipts.

The PEPE Trade That Changed Everything

Here’s where it gets insane. This trader grabbed 2.52 trillion $PEPE tokens for pocket change—literally 0.013 ETH (~$25 at the time). Fast forward to this week after PEPE pumped post-launch, and that position is now worth $816K+. Do the math: 32,000x returns.

For context, most traders celebrate hitting 10x. This guy hit 10x or better on 15 different tokens. His best two trades? SOPR ratios of 285x and 117x respectively.

Why This Matters

The Bitcoin SOPR (Spent Output Profit Ratio)—basically the market’s “are we winning?” gauge—is hovering just under 1.0. That means most BTC holders are barely in the green after the brutal 2022 bear market. But this trader? Operating on a completely different plane.

The catch: volatility has been ruthless over the past 24 months, and most people who play this game lose everything. This trader just happened to have the timing, risk tolerance, and probably some luck.

Market Snapshot

Bitcoin dropped 3% in the last day, trading around $29,300. Meanwhile, memecoin season is apparently back on the menu.

The real question: Was this skill, timing, or just winning the lottery? Either way, that’s the kind of return that’ll have retail traders staring at their charts wondering what went wrong.