Data: A suspected insider address built a position in Meme coins at a low point and started selling after CZ, accumulating a profit of approximately $374,000

According to on-chain analyst @ai_9684xtpa, a suspected insider address built a position when the market cap of the Meme coin CZ was only about $150,000 and has now started to sell.

According to on-chain data monitoring, the address 0xf34…fddee spent only $756.8 yesterday to buy 5.108 million CZ, with a purchase cost of about $0.0001481. Ten minutes ago, this address sold 25% of its holdings at a price of $0.06853, making a profit of about $87,000.

Currently, this address has accumulated a profit of about $374,000, including unrealized gains, with a return rate as high as 49,421.1%.