Onchain Lens Says Trader Turned $8,790 KIMCHI Buy Into $255,900 Profit

Onchain Lens tracked a trader who spent $8,790 to buy 19.2 million KIMCHI and later sold the entire position for about $264,600, BlockBeats reported on Oct. 21. The report put the profit at roughly $255,900 and said the sale proceeds were about 30 times the original investment.

Market-cap snapshot

The trader was reported to have no KIMCHI position remaining. Onchain Lens put the token’s average market capitalization at about $455,200 at the purchase and about $13.7 million at the sale.

The flash did not identify the trader, wallet, network, timestamps or transaction hashes. The amounts and market-cap figures are monitoring snapshots attributed to Onchain Lens and do not represent a trading recommendation.

Read the original BlockBeats flash.