#Insider Makes $600,000 in 30 Minutes#
Hot Topic Overview
Overview
Recently, there has been an incident involving insiders using AGiXT tokens to profit massively in a short time in the cryptocurrency market. Reports indicate that an insider, through the PumpFun platform, purchased 39.78 million AGiXT tokens for only $1,353 and sold them for $602,000 within 30 minutes, making a profit of nearly $590,000. Another insider, in less than an hour, purchased 726.7 million AGiXT tokens through six wallets and sold them for $950.3K, making a profit of $947K. These incidents have raised concerns about insider trading and manipulation in the cryptocurrency market and highlight the importance of market regulation.
Ace Hot Topic Analysis
Analysis
Recently, a rumor has been circulating online about an insider who allegedly turned $1,353 into $602,000 within 30 minutes using the cryptocurrency AGiXT. Reports suggest that this insider used two wallets on the PumpFun platform to purchase 39.78 million AGiXT for 6.34 SOL (approximately $1,353) and then quickly sold them for 2,806.38 SOL (about $602,000). Another report claims that an insider made $947,000 in less than an hour by purchasing AGiXT. This insider allegedly bought 726.7 million AGiXT using 16 SOL (approximately $3,384) across six wallets and sold them for 4,468 SOL (approximately $950,300), making a profit of 4,452 SOL (about $947,000). These incidents have raised concerns about market manipulation and insider trading in the cryptocurrency market, and have also exposed potential risks associated with trading platforms like PumpFun. While there is no concrete evidence to confirm the authenticity of these events, the issues they highlight deserve attention. Investors should be cautious in choosing trading platforms and be aware of potential risks when investing in cryptocurrencies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Insiders use the PumpFun platform to trade tokens, generating huge profits in a short period of time.
Insiders use multiple accounts to arbitrage by taking advantage of price fluctuations.
The PumpFun platform may have vulnerabilities or mechanisms that allow insiders to manipulate the market.
The token market is highly risky, and insiders may take advantage of information advantages to engage in unfair trading.