A trader known as @pointfarmcap has turned a $1.49 million investment into nearly $10 million in unrealized gains on the meme coin STONK. The investor executed 1,896 separate buys starting in early August when the token had a market capitalization of just $2.65 million.
STONK has since surged to a $222 million market cap. The trader has realized only $91,600 in profits so far and continues to hold $9.97 million worth of the asset, representing one of the most significant recent meme coin trades tracked on-chain.
Trader Turns $1.5M Into $10M on STONK Meme Coin
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