According to @lookonchain, a trader who previously netted $2.07M on $GOAT created a new Polymarket wallet named captainbigballs, with the on-chain identity tied to the earlier profit wallet. Source: https://twitter.com/lookonchain/status/2009451299658715568; https://app.cielo.finance/profile/DFLsswviB5berifRS1qFXJhQMdSVkUYmu16hxrVbFtbm The trader spent $10.5K betting that the Iranian regime will fall by Jan 31, with the market showing 14% odds at the time of the wager. Source: https://twitter.com/lookonchain/status/2009451299658715568; https://polymarket.com/0xb14F6783F35220d507a9f2680eDCF39A51cc233b On-chain flows indicate the captainbigballs funds originated from the wallet associated with the $2.07M $GOAT gains, linking the profiles across platforms. Source: https://twitter.com/lookonchain/status/2009451299658715568; https://app.cielo.finance/profile/DFLsswviB5berifRS1qFXJhQMdSVkUYmu16hxrVbFtbm; https://polymarket.com/0xb14F6783F35220d507a9f2680eDCF39A51cc233b

According to Lookonchain, the trader known as stupidmoney.sol recently sold all 15.15 million $GOAT tokens, converting an initial investment of 5 $SOL, valued at $727, into 15,883 $SOL, worth approximately $2.44 million. This transaction occurred 8 days ago, resulting in a substantial gain. However, if the trader had retained the $GOAT tokens until now, the profits could have exceeded $10 million, indicating a potentially missed opportunity for greater earnings.

According to Lookonchain, a significant whale investor has withdrawn an additional $2 million USDC from Binance to purchase more $GOAT after a recent price decline. Over the past four days, this whale has invested a total of $7.14 million to acquire 21.39 million $GOAT tokens at an average price of $0.3338 using four different wallets. The whale's buying activity is ongoing, indicating a continued bullish stance on $GOAT despite the price drop.