US congressman Mike Collins loves day trading altcoins, report
US congressman Mike Collins has reportedly been making ‘pretty wild day trades,’ according to crypto analytical firm Quiver Quantitative. In an X (formerly Twitter) post on Monday, Quiver claimed that Collins bought up to $50,000 of an altcoin called Aerodrome on July 6. Then, on August 4, he sold the coins before rebuying them on August 5. “Pretty wild trading from a member of Congress,” Quiver noted. i'm sure this will end well https://t.co/Tip7WxYmm7 — ⚯ M Cryptadamus ⚯ | @[email protected] (@Cryptadamist) August 26, 2024 While Quiver claimed Collins bought Aredrome on July 26, the screenshot suggests it was instead bought on July 6. Read more: No, California is not adopting bitcoin According to Quiver, Collins also bought up to $15,000 worth of a coin called Velodrome in May and sold up to $15,000 of The Graph, Aerodrome, and Velodrome between June 23 and June 24. He also reported two ether trades totaling $65,000 in early 2024 and has report...