A wallet tracked as 0x2daa — known for a recent $1.3 million profit on $ASTEROID — deployed 53.6 ETH (roughly $127K) to accumulate 254,000 $SATO tokens at $0.50, landing it the second-largest holder position on Ethereum.
The same address repeating a concentrated bet on a low-cap token is worth watching: conviction trades from wallets with a recent outsized win can signal early positioning, though they carry the same concentration risk that made the ASTEROID trade possible in the first place.
No project fundamentals were disclosed alongside the move — the signal here is purely the wallet's track record and the size of the entry.
Original content
Smart trader 0x2daa, who recently made $1.3M on $ASTEROID, spent 53.6 $ETH($127K) to buy 254,000 $sato at $0.5 today, becoming the second-largest holder of $sato on Ethereum.
Address:
0x2daa0456786a065ee17d1edacc231f9acd6f018b https://t.co/1pN9K4AHkn
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