Data: After opening transactions in BALD, 4 addresses spent approximately 0.5 ETH to buy a total of 5% of BALD, with confirmed profits exceeding 1000 times

ChainCatcher news, according to Lookonchain monitoring, 4 addresses spent 0.534 ETH (approximately 1000 USD) to purchase 50 million BALD (5% of the total supply) within 4 minutes after BALD started trading, and then sold 37 million BALD for 554 ETH (worth 1.04 million USD). They made 1 million USD from 1000 USD in just 1 day, with a profit of over 1000 times.

It is reported that these 4 addresses simultaneously withdrew 0.5 ETH from Bybit and cross-chained it to the Base network to start trading.