On November 11th, according to Lookonchain monitoring, the smart money address at the beginning of 6fdTPs made more than $3 million in just 1 hour by monitoring Binance's new launch announcement. In the same second Binance announced the launch of ACT, he spent only 1,558 SOL ($318,000) to buy 10.90 million ACT, which is now worth $3.40 million.
In addition, X user @JeffroBTC suspected that this address was involved in insider trading because it was very close to the time of the listing announcement. BWEnews responded: "This address belongs to our team, not a mouse warehouse. The announcement was made at 13:39:29 2024-11-11, and our automated trading program sent the transaction 2 seconds after the announcement 2024-11-11 13:39:31."
ACT, which the BWEnews team bought for about $318,000, has gained more than $3 million
2024-11-11 07:19:04
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