PikachusPlace Address Buys 28.52 Million MONTRA, Sells 20 Minutes Later for $66,200 Profit

An address tagged as PikachusPlace bought about 28.52 million MONTRA tokens and sold its entire holding about 20 minutes later, netting approximately $66,200. According to Odaily, the address bought MONTRA after it launched on a token platform on the Elysium chain yesterday morning, spending about $18,400 in total, including roughly $14,700 in purchase-related fees. It sold the tokens in 29 transactions and received about $84,700 after selling fees, a return of approximately 360%. The address had previously traded STONKBANKERS on Robinhood Chain, investing about $932 including purchase fees and making around $14,900 net, a return of approximately 1,603%. MONTRA’s market capitalization is now about $6.66 million, the highest among tokens on the chain. Had the address held its initial MONTRA purchase, its profit would have been about $173,200, or approximately 940%.