According to Odaily, user @2007sng built an ANSEM position in late June through 12 separate purchases of $723 each, for a total investment of about $8,300. At the time of those buys, ANSEM had a market capitalization of $1.5 million. Odaily said ANSEM’s market capitalization has since climbed to $147.8 million. Based on the figures cited in the report, the trader has already realized $88,500 in cash and still holds ANSEM valued at $119,800. That puts total profit at $199,900, with an overall return of about 25x.
According to Odaily, user @2007sng bought ANSEM in late June through 12 separate transactions, with each purchase totaling $723. The trader’s cumulative outlay was about $8,300, and ANSEM’s market capitalization stood at $1.5 million at the time.
Odaily reported that ANSEM’s market capitalization is now $147.8 million. The user has already cashed out $88,500 and still holds ANSEM worth $119,800. Based on those figures, the profit stands at $199,900, representing a return of about 25x.
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