A suspected insider trader spent about 20 SOL yesterday to buy 1.57 billion OMNI, which has now appreciated 3,000 times.
According to on-chain data analyst Yu Jin's monitoring on December 23, within one minute after the Meme token OMNI was created for liquidity on Orca, an alleged insider spent 20.36 SOL (equivalent to $1,954) to buy 1.57 billion OMNI tokens (15% of the total supply on the SOL chain) using an address associated with an insider. Afterwards, the liquidity of OMNI was removed from Orca and migrated to Raydium. The OMNI tokens purchased with 20.36 SOL are currently worth 60,000 SOL (equivalent to $5.7 million), an increase of nearly 3,000 times in value.
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.
You may also like
Numeros Motors Launches NFT Rewards for EV Buyers with polygon
Indian Crypto Trader Faced 78% Tax Penalties for P2P Transactions
Hackers are targeting Australia’s largest pension funds
Share link:In this post: Hackers targeted major Australian superannuation funds, stealing $500,000 from a few accounts and exposing personal data. Authorities and financial institutions are responding to the breach, urging members to check accounts and update passwords. Credential stuffing using stolen passwords is suspected in the attacks, prompting warnings to use unique logins and enable multifactor authentication.
Trending news
MoreCrypto prices
More
