A cryptocurrency trader has turned a $3,800 investment in the Boner Coin ($BONER) meme coin into more than $1 million in realized and unrealized gains.

The trader began accumulating $BONER about seven weeks ago when the token’s market capitalization was just $47,800.

Across 19 purchases totaling $3,800, the position generated a return of roughly 272x, according to data from on-chain analytics platform Arkham shared on October 6.At its peak, the holdings were worth about $1.38 million. Arkham data shows the trader has already realized $351,600 in profits while retaining $BONER holdings valued at approximately $676,500.

The wallet’s portfolio remains heavily concentrated in $BONER, which accounts for more than half of its reported value.

On-chain data shows the trader’s total portfolio is worth roughly $1.19 million, with $BONER holdings valued at about $674,600 and additional exposure to tokens including AI, GAGE, and ASTEROID.

$BONER price today

By press time, $BONER was trading at $0.06 with a market capitalization of roughly $60 million. The token was down about 16% over the previous 24 hours.

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