A crypto whale known only by its wallet address 0xe688 has made waves in the market. After securing an amazing 759% profit trading $PING token within 2 days. According to on-chain data shared by Lookonchain, an anonymous trader turned an initial investment of $89,000 into a profit of $675,000. This has attracted the attention of traders and analysts across the cryptocurrency community.
Trader 0xe688 made $675,000 in profit in less than 2 days trading $PING!
He spent $89,000 to buy 13.42 million $PING, sold 6.72 million $PING for $377,000, and still has 6.72 million $PING ($387,000). Total profit is $675,000 (+759%).
address:
0xe6887addb45b01696d9dfa739a5f2d051903c2e9 pic.twitter.com/mYJMXyWxJ2— Lookonchain (@lookonchain) October 25, 2025
Turn $89,000 into $675,000
Blockchain data reveals that a cryptocurrency whale purchased $13.42 million worth of PING tokens for approximately $89,000. Within 48 hours, traders sold 6.72 million tokens for approximately $377,000. He still owns an additional $6.72 million in PING, with a current value of $387,000. This impressive performance resulted in an estimated gross profit of $675,000. This represents a 759% increase in less than two days.
All transactions were performed through KyberSwap. A popular decentralized exchange known for fast and efficient token swaps. The trader’s precise timing and execution sparked debate in the community. Many speculate that insider knowledge and early access to market information may have played a role. However, some believe this was simply the market’s quick reaction and sharp trading instincts.
On-chain activity reveals fast transactions
Detailed blockchain data shows a series of rapid swaps between ETH, USDC, and PING tokens. The trader acted strategically. We approve token transfers, exchange millions of PINGs, and cash out in stablecoins, all within hours. For example, one trade recorded a swap of 1.34 million PING for 76,664 USDC.
Meanwhile, in another deal, he sold 1.34 million PING for 67,026 USDC. This shows how traders systematically exited the market at multiple price levels to secure profits. Despite multiple swaps and minimal gas fees, traders’ profit margins remained high. This indicates an efficient and well-planned trading strategy.
$PING trading volume suddenly spikes
$PING token. Published by the Sonar platform. There was a sudden increase in trading activity following the CryptoCryptoWhale trade. Market participants noted that KyberSwap’s liquidity and price fluctuations increased sharply during this period. This suggests that other traders quickly followed the whale’s move. This activity reflects that the size of individual transactions can temporarily impact token prices. Especially for low to medium sized assets. Traders who track the movements of crypto whales often use platforms like Lookonchain to identify such opportunities.
Whale movements highlight growth in DEX activity
The success of this transaction highlights the growing role of decentralized exchanges (DEXs) in high-stakes crypto trading. Traders are increasingly turning to platforms like KyberSwap for privacy and control. Crypto whale movements have become more transparent, but also more unpredictable. While many are celebrating the $PING whale’s impressive gains. Analysts have warned that such trades come with high risks. Market fluctuations can quickly turn profits into losses. Still, this incident clearly proves one thing. In cryptocurrencies, timing and data-driven decisions can make a big difference.