Smart money buys Jimothy for $755, now holding $447,000

iconKuCoinFlash
Share
AI summary iconSummary
Crypto news: A smart money address purchased Jimothy for approximately $755 and currently holds 12.79 million tokens valued at $447,000, representing a floating profit of over $446,000—a 596x return. The address has sold only $2,090 worth and still retains 1.27% of the total supply. This activity has emerged in cryptocurrency news as a significant on-chain signal.

Odaily Planet Daily reports that, according to GMGN data, a smart money address (AuvtNJMmzL9nhqGphC5ZLbur7s6wjtrVQRNY9noXWoFJ) purchased Jimothy at approximately $755 and currently holds a position valued at around $447,000, with cumulative unrealized profits exceeding $446,000 and a return on investment of roughly 596x. The address has only sold a small amount—approximately $2,090—and still holds 12.79 million Jimothy tokens, accounting for about 1.27% of the total supply.

Odaily reminds users that meme coin prices are highly volatile; investors should proceed with caution.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.