While the SORA token emerged after OpenAI’s Sora, it’s worth noting that it has no connection to the new text-to-video AI.
An unidentified trader managed to make a $176,000 profit on an initial investment of 0.049 ETH, which was then worth just $137.
According to Lookonchain’s analysis, the trader originally purchased 16 million SORA tokens using 0.049 ETH.
Traders Earn 1280x Returns
The trader then made a strategic move and sold 12.36 million SORA tokens, earning a handsome return of 36.57 ETH, equivalent to $102,492 at current market exchange rates. Additionally, including the remaining 3.64 million SORA tokens (worth approximately $74,000), this single transaction brought the trader a substantial profit, showing a 1,280x return on their initial investment.