---
title: "DizzyHavoc token earns trader $225k on no trading volume"
url: https://diffcoin.com/dizzyhavoc-token-earns-trader-225k-on-no-trading-volume/
description: "As users suspect insider trading, a trader earned several hundred thousand dollars on an unknown token called DizzyHavoc."
published: 2024-02-28
updated: 2024-02-28
author: "Mila"
site: "Diffcoin"
---

# DizzyHavoc token earns trader $225k on no trading volume

As users suspect insider trading, a trader earned several hundred thousand dollars on an unknown token called DizzyHavoc.

An unknown trader made a profit of 69.6 Ethereum (ETH), the equivalent of $225,700, on the new DizzyHavoc (DZHV) token in a couple of days. Lookonchain analysts drew attention to this case.

On Feb. 26, the trader spent 0.2 ETH to buy 6.47 million DZHV and sold it for 69.8 ETH.

> In just 2 days, this trader made 69.6 [$ETH](https://twitter.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw)($225.7K) with only 0.2 [$ETH](https://twitter.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw)($635).
> 
> He spent 0.2 [$ETH](https://twitter.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw)($635) to buy 6.47M [$DZHV](https://twitter.com/search?q=%24DZHV&src=ctag&ref_src=twsrc%5Etfw) on Feb 26 and sold it for 69.8 [$ETH](https://twitter.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw)($226.4K).[$DZHV](https://twitter.com/search?q=%24DZHV&src=ctag&ref_src=twsrc%5Etfw) was launched on Jan 29 but has seen almost no trading volume.
> 
> Coincidentally, right after this trader… [pic.twitter.com/fJUto8MZZm](https://t.co/fJUto8MZZm)
> 
> — Lookonchain (@lookonchain) [February 28, 2024](https://twitter.com/lookonchain/status/1762736616890904683?ref_src=twsrc%5Etfw)

DZHV was launched on Jan. 29, but trading volume remained low. However, within two days of the trader’s purchase, the token suddenly jumped 82%.

At the time of writing, the price of DZHV is $0.06464, down by 16% in the last 24 hours, according to CoinMarketCap. The daily trading volume is estimated at $17.89 million. Currently, the coin is traded only on the decentralized exchange (DEX) Uniswap, and the CoinMarketCap website indicates that the token is not verified.

![DizzyHavoc token earns trader $225k on no trading volume - 1](https://crypto.news/app/uploads/2024/02/Screenshot-2024-02-28-at-16.31.31-1024x595.png)

Source: CoinMarketCap

Due to the ambiguity of the transaction, X users commented on the Lookonchain post and suggested that a developer or another DZHV insider could be behind the unknown trader.

At the same time, cases of traders getting rich on little-known tokens are increasingly attracting the attention of analysts. Last week, another unknown trader made a 1,280x profit, taking advantage of the hype around the announcement of OpenAI‘s generative neural network for video, Sora. The trader earned $176,000 by investing only $137.

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