According to ChainCatcher, on-chain analytics platform Lookonchain has tracked a trader who accurately captured gains from two assets, ZCAT and STONK, totaling $3.78 million in profit. The address spent $1,300 to purchase 24.52 million ZCAT tokens, sold 8.96 million for $55,000, and still holds 15.57 million (currently worth approximately $2.12 million), resulting in a cumulative profit of $2.17 million with a return multiple of 1,626x. The address also spent $19,700 to acquire 44.43 million STONK tokens, sold 34.62 million for $411,000, and retains 9.8 million (currently worth approximately $1.22 million), yielding a cumulative profit of $1.61 million with a return multiple of 82x.
ChainCatcher: Whale nets $3.78M profit from ZCAT and STONK
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Summary
Whale activity on the blockchain saw a major player acquire ZCAT and STONK tokens, securing a $3.78 million profit. The whale spent $1,300 to purchase 24.52 million ZCAT, sold 8.96 million for $55,000, and holds 15.57 million worth $2.12 million, netting $2.17 million with a 1,626x return. Whale activity also included $19,700 spent on 44.43 million STONK, with 34.62 million sold for $411,000 and 9.8 million held at $1.22 million, yielding a $1.61 million profit and an 82x return.
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