Whale turns $2,200 PONS bet into $1.62M — a 736x gain
- —$2,200 invested in PONS through 22 trades over two months
- —First purchase was $20 at a token market cap of $2,100
- —Unrealized profit of $1.62 million, a 736x return
- —Tokens have not been sold since purchase
Why it matters: A whale's large unrealized profit in a low-liquidity token poses the risk of a sharp sell-off on exit.
Source: PANews