Virtual Wallet Earns 118,483% on Arc Mainnet Launch

A virtual asset wallet recorded an unrealized profit of $578,000 (approximately KRW 786 million) after investing $487.60 (about KRW 660,000) ahead of Arc mainnet launch. The return rate was calculated at 118,483%. The wallet moved CRCL from Robinhood Network to Arc Network on September 8 and invested a total of $487.60 in LONG, BITCOIN, and USDC. The cost per LONG token was $0.0000136. This information was reported by Odaily citing on-chain analyst Ai 姨's monitoring.
The $578,000 figure represents the current value of holdings based on market price, not realized profit as the wallet has not sold its assets. Arc is a Layer 1 blockchain developed by Circle ($CRCL), which announced it will launch its public mainnet on September 16. Arc is designed for financial markets, real-time fund transfers, and tokenized asset applications, using USDC as its network fee payment method. Before the mainnet launch, over 100 ecosystem and institutional participants tested the network on a private mainnet, though it remains unclear if this wallet's transaction relates to official Arc ecosystem participation or specific project partnerships.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 11만8483% 평가수익률…개별 지갑 487.6달러 투입