A certain address spent 2.89 SOL to buy 2.46 billion Minettes, with a floating profit of 2.5 million US dollars
Cointime2024/05/10 06:25
By:Cointime
According to Lookonchain monitoring, a certain address withdrew 3.89 SOL ($600) from Binance and spent 2.89 SOL ($445) to purchase 2.46 billion Minette in the same block to increase liquidity for the developer. They gained $2.5 million in unrealized profits. They then sold 1.04 billion Minette (worth $153,000) at a price of 998.7 SOL, leaving 1.42 billion Minette worth $2.5 million. Note that VibeCat (Minette) developers did not destroy LP tokens, so there is a risk of Rug.
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