A trader established an early position in PONS, with total unrealized profits reaching $2.81 million.

TechFlow reports that on September 11, according to on-chain analytics platform Arkham (@arkham), an address associated with @sickassdude69 began building positions the day after PONS launched this July, when the token's market cap was only around $628,000.

The address spent a cumulative $249,400 to purchase PONS across 73 transactions, has already cashed out $509,400, still holds PONS worth $2.55 million, with combined unrealized profits totaling $2.81 million, yielding an investment return of approximately 12.3x.