Mike Collins' Unusual Crypto Trade: Profiting Over 135% with AERO and Aerodrome
Aero and Aerodrome Trading Insights
U.S. Representative Mike Collins recently disclosed unusual trades involving crypto altcoins, achieving over 135% in unrealized profits. His veteran moves in the market have attracted attention, particularly regarding Aerodrome (AERO), which recently surged significantly.
Congressman Collins' Trading Activity
- On July 11, Collins revealed the sale of three DeFi altcoins including Aerodrome.
- Sales ranged from $1,001 to $15,000, indicating substantial trading activity.
AERODROME's Rising Potential
Aerodrome serves as a crucial liquidity hub in Coinbase's Ethereum second-layer Base, making it a strategic investment choice. Collins’ trades are marked by a keen sense of market timing, buying low and selling high.
- First trade: Purchase at $0.69, sale at $0.77, reflecting caution in a volatile market.
- Second trade: Close to breakeven, showcasing constrained risk.
- Most notable third trade created unrealized profits of over 156%.
Future Considerations for AERO Investors
With Aerodrome showing promising price movement and increasing transaction volumes, Collins' activity could signal more traction for AERO in the crypto community. His transparency may encourage other politicians to engage similarly, although such trades remain infrequent.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.