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Trader Loshmi Says He Closed All Positions After 30 Days of Public Trading Profit

14/09 17:44

Trader loshmi said he closed all positions on September 13 after 30 days of public trading, realizing $327,400 in profit. According to Odaily, he began buying STONK more than a month ago when its market capitalization was about $1 million and continued adding to the position as the price fell. Stonkfun is a Solana token issuance platform launched on August 3 that lets creators pair new tokens with tokenized stocks. STONK is the platform's native token. Loshmi said his portfolio rose from $5,000 to more than $25,000 before falling back to $4,000. He also said he lost more than $6,000 in a hacking incident and closed the position because of fatigue from increased trading competition in recent markets.

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