$ACX Explodes 93%… But the Biggest Holder Is Still Deep LOSS 🥶

REALLY... ACX just had a wild day.
The token tied to Across Protocol suddenly ripped about 93% in 24 hours, pushing the price up to roughly $0.0644 ... basically revisiting levels we last saw around November last year.
Sounds like great news, right?
Well… not for the largest on-chain holder. One wallet, 0xDf53D43608c9546E103af98D95d12E1e4eB2A0D5 , currently sits as the number 1 individual/institutional holder (excluding exchanges and project wallets). And even after this massive pump, the address is still nowhere near break-even.
Based on the proposed holding price floating around on-chain trackers, the wallet’s average entry sits near $0.3655 per token. Which is… pretty close to the historical peak zone.
That's Meaning even after a 93% surge, the token would still need to climb roughly another 5.66× just for that holder to get back to even.
The scale of the position makes it even more painful to look at.
The wallet holds about 51.99 million #ACX tokens. At the time the position was built, that stack was valued around $19 million. and Today..... It’s worth roughly $3.1 million.
So yes, ACX is pumping hard today… but for the biggest non-exchange holder, it’s still a long, long road back.
CONCLUSION FROM OUR SIDE: Being a diamond hand in crypto sounds heroic on paper ...... until you’re staring at a position that’s shrunk by tens of millions and waiting for a 5× move just to break even.