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Solana address nets $6M profit from LIBRA token sale following Argentine president's announcement

February 15, 2025, 5:16 AM
A Solana address starting with "2NHGz" sold 4.6 million LIBRA tokens for $7.1 million, realizing a profit of roughly $6 million and achieving a return on investment (ROI) of 545%, according to on-chain analyst The Data Nerd on X. This transaction followed the address's earlier purchase of 5.1 million LIBRA tokens for 1.1 million USDC. The purchase was made when Argentinian President Javier Milei disclosed the LIBRA token's contract address. LIBRA, a cryptocurrency launched by the Viva La Libertad Project, aims to stimulate the Argentine economy by supporting small-scale projects and local businesses.

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