According to @lookonchain, wallet 0x9d226d67815C4E0fD4025f1015FF124787b1b02B spent $226,000 to accumulate 3.62 million APX roughly two years ago and that position is now valued at $7.07 million (source: Lookonchain post on X, Sep 21, 2025). Based on those figures, the average entry price is about $0.0625 per APX and the current valuation implies roughly $1.95 per APX, equating to an unrealized profit of approximately $6.84 million and a return of about 3,027% (31.3x) (source: calculations using Lookonchain-reported amounts). The address is referenced for verification on Arkham Intelligence’s explorer as cited by Lookonchain (source: Arkham Intelligence explorer via Lookonchain).

According to @EmberCN, a whale who staked 13.3M APX two years ago sold 9.07M APX over the last four days for $2.27M USDT at a $0.25 average, defining a realized distribution level at $0.25, source: @EmberCN. The whale’s initial position was worth $440K at a $0.033 APX price two years ago, and staking rewards have already exceeded that cost base, effectively dropping the cost to zero, source: @EmberCN. With spot referenced at $1.6 now, the realized sales imply $12.7M in foregone proceeds versus selling at current price, source: @EmberCN. The address still holds 5.35M APX valued at $8.82M, with the wallet link shared as intel.arkm.com/explorer/address/0x9b12996fEaD2ad5F2f0bFFe1Db98e056AB9Ebe5E, source: @EmberCN. Based on the disclosed figures, approximately 68% of the initially staked 13.3M APX has been sold, a sell-through ratio calculated directly from the volumes reported, source: @EmberCN.