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Bonk Guy keeps sweeping up "MEME" tokens, with the new position logging another 185% return.

BlockBeats News, September 7th, according to GMGN monitoring, renowned trader Bonk Guy, who gained attention for a 100x return on PONS, has once again increased his position in the AMC stock-linked Meme coin "MEME" today.


From September 5th to 7th, he completed 8 cross-chain purchases, investing a total of approximately 321,700 USDC to buy 8.2055 million MEME tokens, with an average cost of around $0.03921. These new positions are currently valued at approximately $747,600, with unrealized gains of about $425,900, reflecting a paper return of roughly 132.4%; all 8 purchases are currently in profit.


The latest and largest transaction occurred at 00:03 today. Bonk Guy paid approximately 66,700 USDC from Solana to cross-chain purchase 2.0886 million MEME tokens, with an average execution price of only $0.03194, down about 29.8% from the previous purchase cost. Based on current quotes, this position is now worth approximately $190,300, with single-trade unrealized gains of about $123,600, representing a return of roughly 185%.


Among the 8 specific purchases, costs range from a low of $0.02868 to a high of $0.06395; with MEME rising to around $0.091, current paper returns on each trade range from approximately 42% to 218%.


The wallet currently holds approximately 10.3878 million MEME tokens, valued at around $946,500 based on the same quote. Of these, 8.2055 million can be confirmed as coming from the aforementioned 8 new purchases; the remaining approximately 2.1823 million tokens come from residual positions after earlier transfers, with original costs currently unverifiable.


Fund flow data shows that the address received approximately 3.0588 million MEME tokens at 01:12 on September 5th, and sold 876,500 tokens at 07:48, exchanging them for approximately 49,000 USDC. Subsequently, it entered a continuous buying state, and as of press time, no corresponding token outflows have been observed for the aforementioned 8 position increases.


Related News:

Robinhood Co-founder Tracks MEME Account, Which Surges Nearly 2x in Short Time, Following a Day of Heavy Accumulation by Multiple Market Makers

Bonk Guy's PONS Position Achieves Over 150x Return, Portfolio Surpasses $27 Million to Set New High


Address: 0x0a6ebed0155edb4b21d92ad02897a626cd90119e

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