Point Farm Capital’s STONK position reaches $10.55 million as unrealized profit nears $9.81 million

  • Point Farm Capital accumulated and held 35.7 million STONK tokens.
  • The position is valued at $10.55 million, with $9.81 million unrealized profit.
  • STONK’s market cap rose from about $12 million to roughly $255 million.

Point Farm Capital has built a 35.7 million STONK position worth roughly $10.55 million, with unrealized profit near $9.81 million on an initial investment of about $542,000, according to Lookonchain. The trader is STONK’s largest single holder after accumulating tokens near a $12 million average entry market capitalization and holding as the token’s market cap rose to about $255 million. The position has also faced severe volatility, briefly losing $2.69 million in 24 hours on September 8 before recovering. The reported gain remains unrealized, and STONK’s small, thinly traded market can produce similarly sharp declines.

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