### Internal Traders Strike It Rich in 30 Minutes#
Hot Topic Overview
Overview
Recently, there have been incidents of insider trading in the cryptocurrency space resulting in quick profits. An insider used a platform called PumpFun to pump the price of AGiXT token by using two wallets to invest $1,353 in the token and then sold it for $602,000 within 30 minutes, making a massive profit. Another insider, using a similar method, invested $3,384 in AGiXT token and sold it for $947,000 within an hour, making a huge profit. These events raise concerns about insider trading and market manipulation and highlight the need for regulations in the cryptocurrency market.
Ace Hot Topic Analysis
Analysis
Recently, an incident of an insider trader becoming rich within 30 minutes has drawn widespread attention. According to reports, an insider purchased 39.78 million AGiXT tokens on the PumpFun platform for only $1,353 using the AGiXT token and then sold them for $602,000 within 30 minutes, resulting in a profit of $947K. The trader used two wallets to operate, purchasing 39.78 million AGiXT and 726.7M AGiXT with 6.34 SOL (approximately $1,353) and 16 SOL (approximately $3,384) respectively, then selling them for 2,806.38 SOL (approximately $602,000) and 4468 SOL (approximately $950.3K) respectively, ultimately making a profit of 4452 SOL (approximately $947K). This incident exposes the risks of insider trading and raises concerns about regulation of the cryptocurrency market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Internal traders use the PumpFun platform to make quick profits.
Internal traders use multiple wallets to operate, masking their identities.
Internal traders profit from token price fluctuations.
Internal traders utilize information advantages to learn about token price increases in advance.