According to Odaily, BNB, a popular cryptocurrency, has broken its historical high. This development has significantly influenced the value of the Meme coin WHY, which is on the BSC chain. A smart investor, identified by the handle @ai_9684xtpa, has seen a floating profit of $1.07 million from his investment in WHY.
Between April 25 and May 2, the investor spent 238.2 WBNB, equivalent to $150,000, to purchase 84 trillion units of WHY. The average cost of these units was only $0.0000000176. With BNB's breakthrough to a new high, the value of WHY skyrocketed by 349%. The investor then diversified his tokens to three different addresses and spent an additional 8.1 WBNB to purchase 2.28 trillion more tokens. This brought his average holding cost to $0.0000000178 per unit.
Despite the significant increase in the value of WHY, the investor has not yet sold his holdings for profit. His floating profit currently stands at $1.07 million, representing a return on investment of 595%.