Trader Realizes $2.81 Million Profit from Early PONS Position

According to Arkham, a trader associated with @sickassdude69 accumulated PONS starting in July, shortly after its launch when the market cap was approximately $628,000. The trader invested $249,400 across 73 transactions and has already cashed out $509,400, while still holding $2.55 million worth of the token, resulting in a total unrealized profit of $2.81 million and a 12.3x return.