Arkham said a whale linked to the X account @0xnobi built a PONS position two months ago through 22 transactions, spending a total of $2,200. The first purchase was made with $20 when PONS had a market cap of $2,100. According to the on-chain tracking data cited by ChainCatcher, the address has never sold any of its holdings. At current levels, the whale’s unrealized profit on the position stands at $1.62 million, equal to a 736x return. The disclosure highlights how an extremely small early entry in a thinly valued token turned into a large paper gain without any recorded sales from the tracked address.
ChainCatcher reported, citing Arkham monitoring data, that a whale tied to the X account @0xnobi accumulated PONS two months ago through 22 separate transactions, with total purchases of $2,200.
The first buy was a $20 purchase made when PONS had a market capitalization of $2,100. Arkham’s data shows the address has never sold.
Based on its current holdings, the wallet is now sitting on $1.62 million in unrealized profit, representing a 736x return.
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