#Whale Dumps ZACHXBT#
Hot Topic Overview
Overview
Recently, the ZACHXBT token has experienced a whale dumping event. A whale spent $1.55 million to buy 1.96 million ai16z 15 hours ago. In the past 3 days, the whale has accumulated a total of 2.31 million ai16z at an average price of $0.83. Currently, the whale holds 10.02 million ai16z, equivalent to approximately $9.12 million. However, another whale dumped all 41 million ZACHXBT at a price of 0.06943 just 12 minutes ago, making a clean profit of 4,886.88 SOL, about $1.18 million! (cost 0.04043). This sale directly caused the price of ZACHXBT to drop to 0.02134. At the same time, ZachXBT public address investigations.sol, after receiving 500 million tokens from Dev (representing 50% of the total), used all the tokens to add unilateral liquidity for ZACHXBT/SOL at 15:54. It then withdrew approximately 91.19 million ZACHXBT and 15,000 SOL (approximately $3.74 million) from this liquidity pool. After the significant price surge of ZACHXBT, numerous similar Meme Coins were sent to the ZachXBT address. ZachXBT also added similar Tokens to unilateral liquidity. Currently, ZachXBT has not responded to today's address operations on Twitter. Previously, when one of his deployed ERC-20z tokens was hyped by the community, he stated that "I never intended for people to speculate on the investigation, just wanted a free digital collectible that could be permanently archived on the blockchain."
Ace Hot Topic Analysis
Analysis
Recently, ZachXBT, a meme coin concept on-chain detective, has experienced a rapid rise and fall. The coin's market cap once exceeded $97 million after deployment, but its price began to plummet after ZachXBT's public address withdrew about $3.74 million SOL from the liquidity pool. Currently, the market cap is about $19 million. At the same time, other meme coins have also experienced similar fluctuations, such as TRUMP and MELANIA. Some whales have made huge profits on these coins, but some have suffered major losses. For example, a wallet named Ansem sold 194,799 TRUMP two hours ago, losing $2.55 million; while a certain whale is currently losing $7.08 million on MELANIA and TRUMP. These events show that the meme coin market is highly volatile, and investors need to invest cautiously and avoid blind following.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whales are speculating in the meme coin market, attempting to profit from price fluctuations.
Whale trading activity can have a significant impact on coin prices, potentially leading to large price swings.
The meme coin market is high risk, and investors should invest cautiously and avoid blindly following the crowd.
ZachXBT developer ZachXBT attempted to control the coin price through its public address investigations.sol, but its actions have sparked controversy.