SATO rebounded from a market capitalization below $3 million to above $40 million, while on-chain data showed large unrealized gains for two wallets that accumulated the token on May 6 and 7.
SATO resumed its rally after its market capitalization fell below $3 million and later climbed above $40 million. Top holder runecrypto.eth spent 34.7 ETH between May 6 and 7 to buy 375,046 SATO at a $0.2186 cost basis and was showing about $398,000 in unrealized profit. Another address spent 35 ETH to acquire 350,000 SATO and was showing roughly $365,000 in unrealized profit, highlighting the scale of paper gains during the token’s sharp rebound.