Arkham says Fomo user scout turned a $12,700 ZCAT buy into a 33x return

Arkham data shows that a Fomo user identified as scout entered ZCAT five weeks ago when the token’s market capitalization was $228,000, putting in $12,700. At its peak, the value of the wallet’s ZCAT position reached $1.65 million. The user has since realized $19,000 in sales and still holds ZCAT worth $416,800. Based on the figures cited by Arkham, the position is showing a profit of $422,000, equal to a 33x return on the original investment. The update was cited by Odaily in a market whale activity brief.