Wallet profit tops $585,000 with 7,882.9% return on $7,188 stake

A wallet address has generated more than $585,000 in profit on a single token, including part of the gains from another address, on an initial outlay of just $7,188, according to on-chain analyst Ai Yi. The reported return reached 7,882.9%. Ai Yi said the address entered the trade twice: it first bought when the token's market capitalization was about $67,000, then added repeatedly as the valuation climbed to around $250,000. The second round of buying came during last night's decline, with entries made close to the short-term low when the market capitalization was about $11 million. The address still holds 88% of its position, leaving most of the exposure intact after the rally.

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Wallet profit tops $585,000 with 7,882.9% return on $7,188 stake - CoinPost Terminal