An address tracked by Lookonchain made a rapid profit from trading STANDARD within one hour, according to Odaily. The wallet bought 1.14 million STANDARD with 80 ETH and later sold the position for 160 ETH. That left a profit of 80 ETH, worth about $201,000 based on the figures cited in the report. Separately, GMGN data showed that STANDARD, described as a Robinhood chain ecosystem token, briefly pushed its market capitalization above $44.2 million before falling back to around $33 million. The move highlighted sharp short-term swings in the token during the same trading window.
According to Odaily, citing Lookonchain, one address bought 1.14 million STANDARD with 80 ETH and sold the tokens an hour later for 160 ETH.
The trade produced a profit of 80 ETH, or about $201,000.
GMGN data showed that STANDARD, a token in the Robinhood chain ecosystem, briefly saw its market capitalization rise above $44.2 million on the day before easing to around $33 million.
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