Suspected ELIZA insider wallet has a floating profit of $4.66 million
Lookonchain monitoring shows that after AI16z partner Shaw announced the deployment of the new token ELIZA, multiple internal wallets exhibited suspicious transaction behavior. After the deployment of the ELIZA token at UTC time 06:01:41, 10 wallets purchased ELIZA tokens worth $5.2 million using 2.07 SOL (approximately $503) in the same second.
In addition, a wallet address suspected by the community to belong to Logan sold a large amount of lowercase eliza before the token deployment, and then spent only 24.2 SOL (approximately $5,900) to purchase 233 million ELIZA tokens, currently worth about $17.67 million.
It is worth noting that a wallet (ExYQ...vNw) suspected to belong to an internal person only spent $19,000 to purchase 891.9 million ELIZA tokens, and then sold 534.7 million tokens, earning $1.91 million, with the remaining token value of $2.75 million. Within a few hours, the profit was $4.66 million, with a return rate of 2446 times.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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