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PONS Top Profit Address Holds $4M in Tokens, Achieving 35x Return
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News EditorAccording to GMGN monitoring, the Robinhood chain token launch platform PONS briefly surpassed a $500 million market cap early on September 3, setting a new all-time high. The top profit address spent $113,700 to build a position 49 days ago when the market cap hit $10 million, then sold $117,100 to recoup costs after the market cap reached $100 million, and still holds $4 million worth of tokens, realizing a 35x paper return.
BlockBeats reported on September 3 that, according to GMGN monitoring, the Robinhood chain token launch platform PONS briefly surpassed a $500 million market cap this morning, reaching a new all-time high. The address ranking first in single-token profit spent a total of $113,700 to accumulate its position 49 days ago, when the token's market cap first reached $10 million. After the market cap climbed to $100 million, the address sold $117,100 worth of tokens to recoup the initial investment, effectively 'recovering the principal.' It currently holds $4 million worth of tokens, achieving a paper return of 35x.
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