Trader posts 140x gain on ASTEROID, 39x on 牛来, Lookonchain says

A whale has booked a 140x return on ASTEROID and built a separate 39x paper gain on 牛来, according to Lookonchain monitoring on Aug. 17. Four months ago, the trader spent 1.25 ETH, worth about $3,000, across five wallets to buy 10.05 billion ASTEROID. The trader later sold 6.85 billion ASTEROID for 90.95 ETH, or about $220,000, and still holds 3.2 billion tokens valued at roughly $206,000, bringing total profit on the position to about $423,000. Over the past two days, the same whale spent $16,552 to buy 22.10 million 牛来, a position now worth about $663,000 for an unrealized profit of roughly $646,000. The trades highlight the scale of gains that can emerge in thinly traded, low-float tokens, while also underscoring the volatility and liquidity risks tied to such positions.

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