According to ChainCatcher, Spot On Chain, a blockchain data analysis platform, has detected that a "smart money" investor has sold 1.45 million SPX in the past two days, earning $835,000 in profits and achieving a 6-fold return on investment. The investor purchased 3.068 million SPX at a cost of $242,000 between September 15 and October 6, just before the price surge.

Currently, the address still holds 1.618 million SPX with a market value of approximately $886,000. According to on-chain data analysis, the investor's total profit is expected to reach $1.48 million, an increase of 613%. It is worth noting that at the peak of the price, its profit reached $2.77 million. This case shows the importance of on-chain data analysis in capturing market trends.