Lookonchain said a wallet spent $120 to buy 19.1 million Niu Lai tokens and later sold 9.1 million of them for $25,900. The address still holds 10 million Niu Lai, with the remaining position valued at $180,200 based on the figures cited in the update. Combining realized proceeds and the value of the unsold tokens, total profit was reported at $205,800. The return on the trade reached 822x, according to the on-chain tracking account. The figures were cited by Odaily in a brief market update.
According to Lookonchain, one wallet spent $120 to buy 19.1 million Niu Lai tokens.
The address later sold 9.1 million tokens for $25,900 and still holds 10 million Niu Lai, valued at $180,200.
Based on the realized sale and the current value of the remaining holdings, the wallet's total profit stands at $205,800, equal to an 822x return, Odaily reported, citing Lookonchain.
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