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Crypto Trader Earns $427,000 in 30 Days Trading DeFi Tokens

A crypto trader has made a profit of $427,000 in just one month by investing in the native tokens of major DeFi projects, including UNI, LDO, and AAVE. The trader did not trade memecoins, but instead capitalized on the bull run of crypto assets during the past month.

The trader spent $942,000 to buy UNI, AAVE, and LDO on June 16 and sold all the tokens for $1.37 million on July 15, making a 40% gain on the transactions.

The positive price performance of DeFi tokens and the broader crypto market is attributed to several positive developments in the crypto industry during the last 30 days.

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