Murad Mahmudov-labelled wallets from data aggregator DropsTab suggest that the influencer sits on $68 million in memecoin profit.
Crypto investor Murad Mahmudov is sitting on tens of millions of dollars in unrealized profits from memecoins, according to blockchain data, adding fuel to the ongoing debate over his “memecoin supercycle” thesis.
Data from the onchain data aggregator DropsTab shows that Mahmudov holds over $70 million in memecoins, with just $1.86 million in capital invested. That puts his total unrealized profit at approximately $68.3 million.
The data shows his biggest winner is a memecoin called SPX6900 (SPX), which surged over 10,500% in the past year. His entry price on SPX was $0.01036, but the token now trades at $2.24. Based on the data, his profit from SPX alone exceeds $66 million.
