In a recent congressional trade report, Michael A. Collins, a member from Georgia's 10th congressional district, was found to be actively trading in the cryptocurrency market. The transactions involved three different cryptocurrencies: Aerodrome, The Graph, and Velodrome.
The first transaction took place on June 22, 2024, when Collins purchased an undisclosed amount of Aerodrome (CRYPTO:ARDR) between the values of $1,001 and $15,000. A day later, on June 23, he sold an equivalent amount of the same cryptocurrency.
However, Collins showed more interest in Aerodrome again on July 6, when he purchased between $15,001 and $50,000 worth of the cryptocurrency. This suggests a significant increase in his investment in Aerodrome within a span of two weeks.
The same day, Collins also purchased an undisclosed amount of The Graph (CRYPTO:GRT), ranging between $1,001 and $15,000. Interestingly, this transaction was made after he sold an equivalent amount of The Graph on June 24, a few days prior to the purchase.
Lastly, Collins sold an amount of Velodrome (CRYPTO:VLD) on June 24, 2024, with the transaction value falling between $1,001 and $15,000.
These transactions indicate that Collins is actively engaging in cryptocurrency trading. It is important to note, however, that the exact amounts of the transactions are not disclosed and are only provided in ranges.
The report doesn't specify the type of account Collins used for these transactions. However, it is clear that he is not new to the volatile world of cryptocurrencies. As always, investors are advised to keep an eye on the market trends and make informed decisions.
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