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When a certain smart money bought bibi at a $1 million market cap, the principal increased nearly 50 times.
BlockBeats News, December 4th, according to GMGN monitoring, one month ago, the Smart Money address (0x41a) on the BSC chain purchased approximately 16.5 million tokens for around $2,700 when the market value of the Meme coin bibi (Binance bibi) was around $1 million, simultaneously ranking tenth on the holding list. With the recent significant price increase of bibi, this address partially sold when the market value rose to the range of $2-3 million, currently holding an unrealized profit of about $122,000, achieving close to a 50x gain on the initial investment.
Furthermore, the market value of bibi is currently reported at $10.2 million, experiencing a 24% drop from its peak, with the current price at around $0.01.
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