Trader Ansem's ANSEM Portfolio Gains $193M in a Week; Early Trader's Exit Costs $2.38M

According to Lookonchain, trader Ansem's (@blknoiz06) portfolio gained $193 million over the past week thanks to the ANSEM token, which briefly reached a $190 million market cap record in early July. The Solana-based meme coin, named after the trader and launched in mid-June on Pump.fun, was recently trading at $0.357 with a market cap near $185.6 million.

Not all ANSEM holders benefited equally. Another trader (@49foKJ) sold 8 million airdropped ANSEM tokens for $207,000 when the token's market cap stood at $26 million. Those tokens are now worth approximately $2.6 million, meaning the early exit cost the trader over $2.38 million in forgone gains.