Lookonchain
A wallet identified as OuterHeavyBat spent $101,000 to buy 18.6 million MASK, a position now valued at $765,000. That puts its reported gain at more than $663,000, or 655%, with none of the tokens sold.
Why it matters
The size of the return shows how much the value of a concentrated MASK holding has changed since purchase. It is a paper gain, not profit locked in through a sale.
Market impact
The wallet still holds all 18.6 million MASK. Its reported gain will change with the position's market value until the trader sells.
Frequently asked questions
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How much did OuterHeavyBat spend on MASK?
The trader spent $101,000 to buy 18.6 million MASK.
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What is OuterHeavyBat's MASK holding valued at?
The 18.6 million MASK holding is valued at $765,000.
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How large is the reported return on the MASK purchase?
The reported gain is more than $663,000, equivalent to a 655% return.
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Has OuterHeavyBat sold any of the MASK?
No. The trader still holds all 18.6 million MASK.
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Why is the MASK gain described as unrealized?
OuterHeavyBat has not sold the tokens. The reported gain reflects the holding's current value rather than proceeds from a sale.
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