- Insider gains $153K from Minette tokens in 15 hours.
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- SOL nears $159 resistance as bullish trend eyes the $176.12 barrier.
An insider achieved remarkable gains in just 15 hours, turning a modest initial investment of 3.89 $SOL ($600) into 999 $SOL ($153.56K). This swift increase was facilitated by withdrawing 3.89 $SOL from Binance and then spending 2.89 $SOL ($445) to buy 2.46 billion Minette tokens.
Starting at 3.89 $SOL($600), the insider turned it to 999 $SOL($153.56K) in just 15 hours and has $2.5M in unrealized profits.He withdrew 3.89 $SOL($600) from #Binance and spent 2.89 $SOL($445) to buy 2.46B #Minette at the same block where the developer added liquidity.
Then… pic.twitter.com/daxXb6h59P
— Lookonchain (@lookonchain) May 10, 2024
According to Lookonchain, this transaction occurred in the same block where the developer added liquidity. The insider subsequently sold 1.04 billion Minette tokens for 998.7 $SOL ($153K), leaving them with a remaining 1.42 billion Minette tokens, currently valued at approximately $2.5 million in unrealized gains.
However, Minette’s rapid ascent c…
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