Arkham said an account linked to @sickassdude69 began buying PONS in July, one day after the token went live, when its market capitalization was about $628,000. The wallet spent a cumulative $249,400 across 73 trades. It has since realized $509,400 in proceeds while still holding roughly $2.55 million worth of PONS. Based on those figures, the account’s cumulative profit stands at $2.81 million, with a total return of 12.3x. The data was cited by BlockBeats in a Sept. 11 market update focused on whale activity.
BlockBeats reported on Sept. 11, citing Arkham monitoring, that an account linked to @sickassdude69 started buying PONS in July, one day after the token launched. At the time, PONS had a market capitalization of about $628,000.
Arkham’s data shows the account deployed a total of $249,400 across 73 transactions. So far, it has realized $509,400 and still holds about $2.55 million worth of PONS. Its cumulative profit stands at $2.81 million, equal to a 12.3x return.
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