Point Farm Capital has generated an unrealized profit of $10 million from its STONK trading position, based on Ember monitoring.
The fund invested 1 million USDC to buy 37.21 million STONK at an average market cap of $21 million. STONK’s market cap has since risen to $240 million.
Point Farm Capital Sits on $10M Unrealized Profit From STONK Trade
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.