Meme Coin "1"'s top wallet for recent largest buy-in initiated accumulation yesterday, currently sitting on over 70% unrealized gains

BlockBeats News, January 20th, according to GMGN monitoring, a new address, after yesterday's Meme coin "1" saw its market value rise to $9 million, made two purchases at the high point totaling 1.54 million tokens, investing approximately $137,000, briefly ranking third on the token's holding list.

With the coin's market value surpassing $16 million today, this address has sold a small portion of about 17.6% of its holdings, resulting in a total profit of approximately $97,000, with a return rate of 71%. Currently, it still holds about 1.27 million tokens, worth around $190,000, ranking fourth on the holding list, and also being the largest buying address for the coin in the past 24 hours.

BlockBeats Note: Meme coins are highly volatile in trading, relying heavily on market sentiment and concept hype, without actual value or use case. Investors should be aware of the risks.