The post Insider Suspicion in One of the Most Talked Altcoins of Recent Days appeared on BitcoinEthereumNews.com.

Data from a whale tracked by cryptocurrency tracking company Arkham has raised serious suspicions that the whale could be an insider. According to the data, the whale in question made a large profit from GOAT, one of the most talked about memecoins of recent days, and increased his investment of $ 58,000 to $ 7.5 million. The crypto whale with the short address 4Jpef purchased approximately 1.5% of the GOAT token’s supply at a low price in its early stages, which raises suspicions that this whale may be an insider, as he invested heavily in a token that is not yet certain whether it will catch on in the market. The same cryptocurrency wallet had previously received $104,000 from another wallet holding 1.4% of another memecoin called DADDY, suggesting that the wallets were connected. The DADDY tokens in question were also purchased within 2 hours of the token’s launch. At the time of writing, there are still over $7 million in assets in the 4Jpef wallet, almost all of which are GOAT tokens. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/insider-suspicion-in-one-of-the-most-talked-altcoins-of-recent-days/

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Filed under: News - @ November 2, 2024 2:23 am