- Trader’s $1.8M altcoin portfolio highlights $COLLAT’s 95% surge, driven by RWA momentum, and $LAUNCHCOIN’s volatile yet steady gains.
- Unrealized profits of $103K underscore a buy-and-hold approach; minimal bot-like activity indicates deliberate trading decisions.
- WIDI and BUIDL losses reflect underperformance amid rotational lulls; $LAUNCHCOIN retains dominance with sharp gains despite corrections.
A wallet labeled “6w9Vp…QWK” has drawn attention after deploying over $1.8 million across more than 30 tokens in just four days. Despite no realized sales, the address now shows over $103,000 in unrealized profit, led by large positions in $COLLAT and $LAUNCHCOIN.
Whale Wallet Bets on Mid-Cap Momentum
According to a post by Lookonchain, the trader allocated $484.6K into $LAUNCHCOIN, $265.3K into $COLLAT, and smaller sums into $WIDI, $BUIDL, and $FITCOIN. The address shows zero realized profit over seven days, holding all tokens with a buy-and-hold posture. Unrealized gains now reflect a 5.53% portfolio increase, driven mostly by short-term mid-cap momentum plays.
Seven-day activity data shows 58 transactions with an average holding period of one day. Total costs for the period hit $1.4 million, with $847K allocated specifically to token buys. Only 2 out of 51 tokens were bought and sold within five seconds, indicating minimal bot-like behavior.
$COLLAT and $LAUNCHCOIN Drive Unrealized Alpha
The address currently holds four tokens, with $COLLAT leading at $252,200 in profit, up 95.22% from its $0.0366 entry. The token now represents 99.99% of the wallet’s position, with a balance of $1.17 million. Alva stated in a reply that $COLLAT’s “parabolic surge” stems from real-world asset (RWA) narrative momentum, though short-term consolidation appears likely.
$LAUNCHCOIN ranks second with $20,700 in gains, holding 2.1 million tokens valued at $503,500. It was last purchased nine hours ago at an average of $0.484 per token. Alva noted its “extreme sentiment swings” and warned traders to implement strict risk control due to heavy volatility.
Weakness in $WIDI and $BUIDL Reflects Rotational Lulls
In contrast, $WIDI shows a sharp 85.3% decline, with unrealized losses of $105,900. The wallet holds 14.7K tokens worth $18,300 after three days, acquired at $1.24 per token. $BUIDL reflects a 22.5% drop, with the current position totaling $77,200 across 257K tokens.
Both tokens are listed as “HODL” in the strategy tracker, signaling no immediate sell plan. Alva highlighted these names as “quiet,” lacking rotation signals or clear catalysts. FITCOIN remains similarly stagnant despite early inflows.
TradingView Data Confirms $LAUNCHCOIN Price Eruption
LAUNCHCOIN/USDT surged 2108.40% from May 13 to 19 before correcting 19.60% in a single session. The token hit $0.2946 before closing at $0.2208 on May 19, with support emerging near $0.1888. Volume spiked to 31.97M on May 13 but faded in later sessions.
Other tracked tokens, COLLAT, WIDI, BUILD, and FITCOIN, showed identical growth of 48.69% during the same period. Unlike LAUNCHCOIN, their performance lacked candlestick detail and showed no meaningful follow-through. Red candles dominated May 14–16, with only brief recoveries before bearish pressure resumed.
