• Whale made $7.5M profit from Fartcoin trades before switching to AVA.

  • Bought 23.37M AVA for $1.71M at $0.03554 average price.

  • Current unrealized profit from AVA holdings is approximately $875K.

A crypto wallet address known for making over $7.5 million in realized profits from Fartcoin is now focused on a new asset. Blockchain records show the wallet has been actively purchasing AVA tokens for the past three weeks. The activity signals a strategic move involving large quantities of AVA at a relatively stable entry price.

Transaction Overview and Wallet Details

In a recent X post by Lookonchain, data shows that the whale accumulated 23.37 million AVA tokens within 20 days. The total cost of the purchase amounts to approximately $1.71 million. On-chain metrics indicate that the average price per token was $0.03554. At current rates, the unrealized profit stands near $875,000.

https://twitter.com/lookonchain/status/1918309116331901205

According to Lookonchain data, all 23.37 million AVA were purchased within a tight time frame. These transactions occurred consistently over the last 20 days, with no major sales recorded. Each buy transaction was executed at intervals, spreading the total investment over several wallet interactions. 

All purchases remained within the $0.03500 to $0.03600 range. The token balance is currently being held in the wallet, and no outgoing transactions have been noted. This information is verified through public on-chain explorers.

Historical Performance of the Wallet

Previously, this wallet gained attention for profiting significantly from Fartcoin. The wallet recorded over $7.5 million in profits from the meme token. This figure was realized through a series of buys and sells tracked over several months. Transaction history confirms that the majority of Fartcoin was sold before price volatility began.

The switch to AVA marks a change in asset focus. Although no selling activity has been observed so far, the current unrealized profit represents over 51% of the invested amount. That total is based on the token’s present market value. Real-time data confirms that the wallet continues to hold all AVA purchased.Market analysts continue to monitor this address due to its accurate execution history. Its movement from one token to another has frequently preceded significant price changes. However, all wallet activity remains on-chain and transparent for public verification. As of now, the address retains the full amount of AVA acquired, totaling 23.37 million tokens.