In the wild world of meme coins, big moves by influential traders can spark trends and hype. Recently, Unipcs—better known as the "Bonk Guy" for his massive wins on the Solana meme coin $BONK—made headlines with a savvy on-chain maneuver. He borrowed a hefty sum of USDT using his ASTER holdings as collateral and plowed it into the buzzing $4 meme token. Let's break it down step by step, keeping things simple for anyone dipping their toes into crypto.
Who Is Unipcs?
If you're new to the meme coin scene, Unipcs is a crypto trader with a knack for spotting winners. He's famous for turning a modest investment in $BONK into millions, earning him the nickname "Bonk Guy." With over 222,000 followers on X (formerly Twitter), his trades often move markets. He's not just about quick flips; he shares insights on long-term holds and the evolving meme ecosystem. For more on his journey, check out his X profile.
The Borrowing Play: Leveraging ASTER on Euler Finance
It all started on October 3, 2025, when Unipcs used Euler Finance—a decentralized lending platform on Ethereum—to lend out 1.737 million ASTER tokens. ASTER is the native token of Aster, a decentralized perpetual exchange platform that lets users trade futures and earn yields. At the time, those ASTER tokens were worth about $3.34 million.
By depositing ASTER as collateral, he borrowed $1.03 million in USDT (a stablecoin pegged to the US dollar). He then transferred this USDT to a fresh wallet address: 0xb16c60e0a93b73cd96bca5b0811715146b3f6fb4. No other activity happened right away, leaving folks wondering what was next.
For the uninitiated, this is called "leveraged borrowing." It's like taking a loan against your house to invest in stocks—risky if prices drop, but potentially rewarding if they rise. Euler Finance makes this possible without banks, using smart contracts on the blockchain.
The Big Buy: Diving into $4 Meme Token
Fast forward to October 4, and the plot thickens. From a new address (0x89d1b999fcf42b1eac6ed850d0372fc55f623d08), Unipcs spent $1.28 million USDT to snag 7.468 million $4 tokens at around $0.17 each. That's a bold bet on a meme coin that's been making waves.
What's $4? It's a meme token on the BNB Chain, inspired by Binance founder Changpeng Zhao's (CZ) iconic "4" hand gesture—often used to signal "hold" or dismiss FUD (fear, uncertainty, doubt). The token launched amid chaos after a hacker compromised BNB Chain's X account, turning a phishing scam into a viral community-driven project. It even hit Binance's Alpha Spotlight shortly after launch, boosting its visibility. As of now, $4 trades at about $0.123, with wild swings like a 559% surge in a day. You can track it on DexScreener.
This screenshot from Nansen AI captures the flurry of swaps and transfers, highlighting the precision of on-chain tracking tools.
Why This Matters for Meme Token Enthusiasts
Unipcs' move isn't just a random trade—it's a signal. As a seasoned player who's recovered from losses (like making back $4 million on $USELESS), his entry into $4 could fuel more interest. Meme coins thrive on community hype, and with CZ's lore tied in, $4 has that narrative edge.
But remember, meme tokens are volatile. Prices can skyrocket or crash based on sentiment. If you're thinking of following suit, do your research—check liquidity, community strength, and risks like rug pulls.
Wrapping Up: The Meme Coin Game Evolves
Trades like this show how meme coins are blending with DeFi tools like lending protocols. Unipcs is leveraging his holdings to amplify bets, a strategy that's becoming more common among pros. Whether $4 hits $4 (as some bulls predict) or fades, it's a reminder of the fast-paced, high-stakes world of blockchain.
Stay tuned to Meme Insider for more breakdowns on trending tokens and trader moves. If you want the raw data, head to the original thread on X from Onchain Lens, powered by Nansen AI.
What do you think—will Unipcs' bet pay off? Drop your thoughts in the comments!