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Trader “0x9810” Spent 9.1 ETH to Buy 802 Million ASTEROID, Position Reaches $392,000

Trader “0x9810” Spent 9.1 ETH to Buy 802 Million ASTEROID, Position Reaches $392,000

According to Lookonchain, another ASTEROID holder saw unrealized profit climb to $2.6 million after more than 580 days, extending reports of large windfall gains tied to the token’s sudden price surge.

ETH

Fact Check
The specific claim about trader 0x9810 is supported by an upstream source trace to a Lookonchain X post at https://x.com/lookonchain/status/2045094028098916755 and by the fetched KuCoin article "Trader Holds 802M ASTEROID for 580 Days, Earns $370,000 Profit | KuCoin," which repeats the same core numbers: 9.1 ETH, 802 million ASTEROID, and a position value around $392,000. However, confidence is reduced because the primary X post could not be fetched directly in this run. The additional statement in the user content about a separate holder 0x2aff spending 12 ETH in September 2024 and recovering to about $292,000 after more than 570 days could not be corroborated by search or validated from the fetched sources. Therefore, the overall package is only likely true in part, with the strongest support limited to the 0x9810 claim.
    Reference: 12
Summary

According to Lookonchain, a trader’s unrealized profit on 8.017 billion ASTEROID rose to $2.6 million after more than 580 days, recovering from near zero. The move adds a new large ASTEROID position to the topic after earlier reports on other wallets holding 802 million and 4.61 billion tokens. The latest surge was linked to ASTEROID briefly jumping after Elon Musk agreed to make “Asteroid” a SpaceX mascot, following a deceased girl’s wish. The topic now reflects multiple reported ASTEROID holders with sharply increased paper gains after the token’s rapid price move.

Terms & Concepts
  • ASTEROID: A crypto token referenced in the report as the asset held by several traders whose positions sharply increased in value.
  • ETH: The native cryptocurrency of Ethereum, used for network fees and commonly paired with token purchases on Ethereum-based markets.
  • Ethereum: A blockchain network whose native asset is ETH and which supports wallets, token issuance, and onchain trading activity.