A cryptocurrency trader has turned an initial investment of just $2,330 into more than $614,500 through an early bet on the Solana (SOL)-based memecoin SoylanaManletCaptainZ (ANSEM).
Particulars of the transaction indicate that the trader purchased 14.2 million ANSEM tokens for approximately $2,330, according to the latest on-chain data retrieved by Finbold from Lookonchain on June 28.
After the token surged in value, the wallet sold 4.2 million ANSEM tokens for $68,100 while continuing to hold 10 million tokens worth about $548,800 at the time of reporting.
The combined realized and unrealized gains have pushed the trader’s total profit to roughly $614,500, representing a return of more than 26,000%.
Crypto trader’s ANSEM transaction. Source: Lookonchain
Data shows the investor accumulated ANSEM when the project’s market capitalization was still relatively small, before the token experienced a parabolic rally of more than 220-fold within 24 hours.
The surge was fu
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