Crypto trader Fibonacki bought 37.45% of the $UNC token supply in a single transaction when the market cap was $6,000. Then, instead of holding for a personal windfall, he airdropped 33.85% of the total supply to over 2,000 on-chain addresses. The token subsequently ran, and that airdrop is now worth $6.4 million in total. The largest single allocation was 1% of supply, distributed to 22 traders, each of which is now worth almost $200,000 as per Arkham.
What Fibonacki Actually Did
Buying 37.45% of a token’s supply at a $6,000 market cap is a micro-cap entry of the kind that most traders either miss or dismiss. At that valuation, the entire token supply is worth less than a used car. Fibonacki not only found it at that stage but bought a position large enough to meaningfully influence the cap table.
What happened next is the unusual part. Rather than sitting on a controlling stake and waiting for appreciation, he turned the position into an airdrop campaign directed at over 2,000 on-chain addresses. He kept 3.6% of supply and distributed the rest to the community of traders he chose to include.
Who Got the Airdrop
The recipients included notable on-chain traders such as Remusofmars, Traderpow, and DipWheeler, alongside over 2,000 other addresses identified as active on-chain participants. The distribution wasn’t random. It targeted traders with a track record of on-chain activity, which suggests Fibonacki was seeding the token into hands likely to engage with it rather than immediately dump it.
The tiered structure of the airdrop adds another layer of intentionality. The largest allocation of 1% went to 22 traders, each receiving a chunk now worth close to $200,000. Smaller allocations spread the remaining supply across the broader 2,000-plus address list.
What the Numbers Look Like Now
The total airdrop value of $6.4 million reflects how far $UNC has moved since the $6,000 market cap entry. The appreciation from that entry point to a level where a 33.85% distribution is worth $6.4 million implies a market cap in the range of roughly $19 million at current prices. Fibonacki’s retained 3.6% of supply would be worth approximately $680,000 on that basis, a meaningful return on a micro-cap entry, but far less than he would have held if he had kept the full 37.45%.
The decision to give away the majority of a position that grew this significantly is the part of this story that stands out beyond the numbers.
Conclusion
Fibonacki found an altcoin at $6,000 market cap, bought 37% of the supply, and gave most of it to 2,000 traders. The airdrop is now worth $6.4 million. The 22 recipients of the largest 1% allocations are each sitting on close to $200,000 from a token they received for free. It is one of the more straightforward examples of a single trader choosing distribution over personal maximization, and the on-chain record makes it verifiable.
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