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WallStreetBaby deployers earned nearly 5,000 SOL in 1 hour by sniping and dumping WSB

WallStreetBaby deployers earned nearly 5,000 SOL in 1 hour by sniping and dumping WSB

CointimeCointime2024/05/16 16:04
By:Cointime

The deployer of WallStreetBaby earned nearly 5,000 SOL (approximately $810,000) in just one hour through sniping and selling WSB, as monitored by Lookonchain. The deployer deployed 1 billion WSB, increased the liquidity of 600 million WSB and 400 SOL, and left 400 million WSB. Prior to open trading, the deployer created 32 wallets and distributed 643 SOL to these wallets. These 32 wallets successfully sniped 362 million WSB (36.2% of the total supply) when trading began. The deployer then quickly sold 362 million WSB for 4,371 SOL (approximately $708,000). In addition, the deployer distributed the remaining 400 million WSB to over 100 wallets. It was found that the selling price of 210 million WSB was 1,250 SOL (approximately $202,000), while the remaining 190 million WSB was more difficult to track. So far, the deployer has earned nearly 5,000 SOL (approximately $810,000).

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