Data: Suspected insider profited approximately 1.49 million dollars by trading Thug tokens in 10 hours

According to ChainCatcher news, monitored by Lookonchain, insiders spent 1,500 SOL (approximately $225,000) through 4 wallets to purchase 674 million Thug in the same block, which is the block where the token deployer added liquidity.

Subsequently, these 674 million Thug were distributed to multiple wallets, and 464 million Thug were sold, earning 11,454 SOL (approximately $1.72 million).

It is reported that insiders made a profit of 9,954 SOL (approximately $1.49 million) in just 10 hours. The remaining 210 million Thug have been burned.