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On-chain data shows a crypto trader gained an unrealized profit of $2.03 million in less than 12 hours from "A Meme Coin (AMC)," a meme coin inspired by the Robinhood and AMC controversy.
According to on-chain analytics platform Lookonchain, a trader purchased 6.11 million "A Meme Coin (AMC)" tokens for $2,972 when the meme coin was first launched. This meme coin was created due to a dispute between Robinhood Markets and AMC Entertainment Holdings regarding tokenized AMC stock, and it surged by approximately 176,000% in a short period. The trader has already sold 750,000 tokens, realizing a profit of $85,300, and still holds 15.36 million tokens with an unrealized gain of $2.03 million.
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Source：Yahoo财经 · Source Link
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