From Forgotten Squirrel to $1.15M Profit: Why This Trader Bet Big on $PNUT

Unipcs

/12 hours ago

A trader revealed their $1.15M profit from a 6x leveraged long on $PNUT, a memecoin that had been dormant despite listings on Robinhood, Coinbase, and Binance. With similarities to $PENGU and $POPCAT—both of which recently surged—$PNUT’s fundamentals, historical mindshare, and market positioning aligned for an explosive rally, validating the trade thesis within 24 hours.

i promised to reveal the name and ticker of my latest six-figure leveraged trade once it did a 2x

this happened a lot faster than i anticipated—i.e., in just over 24 hours—so, as promised, i’ll be sharing the details of my latest trade:

- token/ticker: $PNUT

- entry market cap: $177 million

- current market cap: $400 million

- margin/investment amount: $152,753.83

- leverage size: 6x

- PNL at the time of writing: $1,151,001.25