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Kimchi Trader Turns $848 Into $282K in Two Hours

The trader sold part of the position for $111K and still holds Kimchi valued at $171K, leaving most of the reported return unrealized.

Kimchi Trader Turns $848 Into $282K in Two Hours
Kimchi Trader Turns $848 Into $282K in Two Hours

A trader spent 8 SOL, then worth $848, to buy 9.91 million Kimchi. Within two hours, the trader sold 4.88 million tokens for 1,045 SOL, valued at $111,000.

The remaining 5.03 million Kimchi were valued at $171,000, bringing the position's reported total value to $282,000. The quoted 332x return includes those unsold tokens, so much of the gain remains unrealized.

Related tokens
$SOL

Frequently asked questions

  1. How much did the trader initially spend on Kimchi?

    The trader spent 8 SOL, valued at $848, to buy 9.91 million Kimchi.

  2. How much Kimchi did the trader sell?

    The trader sold 4.88 million Kimchi for 1,045 SOL, valued at $111,000.

  3. How much Kimchi does the trader still hold?

    The trader still holds 5.03 million Kimchi, valued at $171,000.

  4. What makes up the reported $282,000 total value?

    It combines the $111,000 in sale proceeds with the remaining Kimchi valued at $171,000.

  5. Is the reported 332x return fully realized?

    No. Most of the reported value is in the unsold Kimchi position, so that portion remains unrealized.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 2h ago
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