Arkham monitoring data shows that on-chain address @pointfarmcap began building a STONK position in early August this year, spending a cumulative $1.49 million across 1,896 buy transactions. At the time of accumulation, STONK’s market capitalization was only about $2.65 million. It has since climbed to $222 million.
Based on the latest figures cited by ChainCatcher, the address now holds STONK worth $9.97 million and has realized only $91,600 through sales. That leaves the wallet sitting on an unrealized gain of more than 10x. The data highlights how early positioning in a low-cap token translated into a large paper profit as the token’s valuation expanded sharply.
According to ChainCatcher, Arkham monitoring shows that on-chain address @pointfarmcap has accumulated STONK since early August this year, spending a total of $1.49 million across 1,896 buy transactions.
When the address was building the position, STONK’s market capitalization was only about $2.65 million. It has now risen to $222 million. The address’s current holdings are valued at $9.97 million, and it has realized only $91,600 from sales, leaving it with an unrealized gain of more than 10x.
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