Odaily reported that trader Point Farm Capital turned a $1.5 million STONK investment into $10 million. The trader began accumulating the token in 1,896 separate buys starting in early August, when STONK’s market capitalization stood at $2.65 million. The token’s market cap has since climbed to $222 million. Point Farm Capital has realized $91,600 in sales so far and still holds STONK valued at $9.97 million. The figures point to a large unrealized gain tied to the token’s sharp rise in market value over the period covered in the report.
Trader Point Farm Capital turned a $1.5 million investment in STONK into $10 million, according to Odaily.
The trader started buying STONK in early August and accumulated the position through 1,896 separate purchases. At that time, STONK had a market capitalization of $2.65 million. It is now valued at $222 million.
So far, Point Farm Capital has cashed out $91,600 and still holds STONK worth $9.97 million.
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